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Property profile & analytics

1420 Wright Ave Alma, MI 48801

  • Commercial real estate
  • 1.89 lot acres
Value Estimation
Location Intelligence
Property ID
US43-4142181
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • LibertyX Bitcoin ATM / Atm
  • Redbox / Movie Rental Kiosk / Dvd Store
  • Western Union / Money Transfer Service
  • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
  • FedEx OnSite / Mailing Service

Property Details for 1420 Wright Ave

Lot size
1.89 lot acres
Property type
Commercial real estate
APN
51-341-007-10
APU
5134100710

Description

This exceptional 14,820 sq ft commercial property in Alma, MI, presents a unique investment opportunity. Previously a national drug store, this building boasts a prime location on one of Gratiot County's busiest corners, less than a block from the Masonic Home and MyMichigan Medical Center Alma Hospital. The property features a drive-through, perfect for various businesses, and includes a fully installed fire suppression system, ADA-compliant features, roll-up doors for easy receiving, and a Bosch commercial security system. A current NNN lease with 8 years remaining (through 2032) is transferrable. The 1.89-acre lot offers ample space, and the adaptable layout is suitable for retail, medical, office, supermarket, or fitness center uses. High visibility and proximity to amenities ensure excellent exposure and customer convenience. This is an exceptional chance to establish your business in a thriving Alma location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Alma
County
Gratiot
State
Michigan
Longitude
-84.666
Latitude
43.392
CBSA code
10940
CBSA name
ALMA, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,635
$0.00
$0.00
$701,800
-
$0.00
$0.00
$1,403,600
More about this property
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