Property summary
The property consists of approximately 3,800 sq. ft. of ground-floor commercial space designed for uses such as retail, service businesses, office space, or mixed-use development, and it is located along a primary entry route into Alma with traffic flow toward the city. The main level includes a recently installed 220-amp electrical system and updated PVC and PEX plumbing across both floors. Three separate electrical meters are provided to support configurable power service for different spaces. Evidence indicates sewer line replacements. The second floor contains two residential apartments, each approximately 900 sq. ft., with 2 bedrooms, a living room, a kitchen/dining area, a full bathroom, and in-unit laundry hookups; one unit is move-in ready and the other requires repair work. The property is approximately 1 mile from downtown Alma and about 2.5 miles from US-127.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Consultant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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