M-32 Crittenden Ct, Alpena, MI 49707
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.