Property summary
This exceptional 16,825 square foot industrial property located at 225 E Superior in Alma, Michigan, presents a unique investment opportunity. Situated on a 0.32-acre lot, this historic building boasts a rich past as the city hall, fire station, courthouse, and police station. Its versatile layout offers significant potential for redevelopment or adaptive reuse. The property is zoned B-1 Commercial, allowing for a wide range of business ventures. A significant portion of the building… already benefits from a newly installed HVAC system, covering approximately one-third of the total space. This substantial upgrade reduces immediate capital expenditure needs for a prospective buyer. The building's substantial size and prominent location in Alma offer excellent visibility and accessibility. A land contract option is available, requiring a 45% down payment, making this property accessible to a broader range of investors. This is a rare chance to acquire a piece of Alma's history and transform it into a thriving commercial enterprise. The property's size, zoning, and existing infrastructure make it an attractive proposition for developers, entrepreneurs, and investors seeking a high-impact investment in a desirable Michigan location. The combination of historical significance and modern upgrades creates a compelling opportunity for a unique and profitable venture. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.32 ac
- APN
- 51-344-601-00
- Assessed value · 2024
- $150,300
- Annual tax · 2023
- $11,884
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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