Property profile

M-32 Crittenden Ct Alpena, MI 49707

OFF-MARKET
Land
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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

Location

M-32 Crittenden Ct Alpena, MI 49707
Alpena metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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