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    OFF-MARKET
    Land

    M-32 Crittenden Ct, Alpena, MI 49707

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    Property summary
    AI-generated overview

    This exceptional 150,084 square foot commercial lot (APN: 012--020-000-650-11), located at Lot 7 M-32 Crittenden Court, Alpena, MI 49707, presents a unique investment opportunity in Alpena County's fastest-growing area. Situated on M-32, 1.8 miles west of the M-32/Bagley Street corridor, this B2-zoned property boasts high visibility and traffic counts due to its multiple traffic lanes and convenient access via Crittenden Court. The lot's prime location is further enhanced by the recent sales and construction of a Hampton Inn and Aldi grocery store on nearby front lots. This thriving commercial area already includes established businesses such as Home Depot, Walmart, Meijer, McDonald's, Culver's, Walgreens, Biggby Coffee, Auto Zone, PNC Bank, WellCare, Starbucks, and Marshalls. The property offers convenient access to utilities, including water, sewer, natural gas, and electricity. The seller is open to build-to-suit options or lease arrangements. Additional lot information and pricing are available in the provided documents. This is an unparalleled chance to become part of Alpena's exciting commercial growth.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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