Residential

Alma, MI Residential Land & Home Lots for Sale

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Surveyed Residential Land Parcel
Updated: Jul 22
Surveyed Residential Land Parcel

N Luce Road, Alma, MI 48801

$49,000
2.00 AC lot
Surveyed 2‑acre parcel on Luce Rd, just outside the city limits
Open, level lot previously perc tested
No trees to clear, ready for a homesite
Less than 700 ft from the Heartland Trail
Deed restrictions require a permanent residence affixed to a foundation; mobile homes and temporary residences not permitted
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Buildable Lot in Alma, MI
Updated: Mar 31
Buildable Lot in Alma, MI

Bostwick Street, Alma, MI 48801

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0.20 AC lot
Buildable lot in a highly desirable Alma location.
Conveniently located near shopping, restaurants, parks, trails, and downtown amenities.
Offers privacy, tucked at the end of a quiet street.
Opportunity to build a dream home.
Cable Available
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Residential Corner Lot in Alma
Residential Corner Lot in Alma

427 E Downie Street, Alma, MI 48801

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0.10 AC lot

Corner lot suitable for residential development with city variance approval.

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Residential Development Lot
Residential Development Lot

248 Ruby Ct, Alma, MI 48801

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Residential lot available for sale within a subdivision that includes a central park.

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Vacant Corner Lot in Alma
Vacant Corner Lot in Alma

1528 E Superior Street, Alma, MI 48801

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0.47 AC lot

Vacant 0.47 acre corner lot with high traffic exposure.

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Vacant Corner Lot Near US-127
Vacant Corner Lot Near US-127

1532 E Superior Street, Alma, MI 48801

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0.19 AC lot

Vacant residential lot with high-traffic exposure near US-127.

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Waterfront Building Lot with River Views
Waterfront Building Lot with River Views

Riverview lot: 43, Alma, MI 48801

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0.39 AC lot

Cleared waterfront lot with mature trees and wooded back, near Alma College and the Heartland Trail.

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Land
Land

427 E Downie St, Alma, MI 48801

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Residential land & home lots

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LAND - Alma, MI
LAND - Alma, MI

111 Grove, Alma, MI 48801

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0.32 AC lot

Land · 0.32 Acres

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Residential Land in Alma, MI
Residential Land in Alma, MI

278 Ruby Court, Alma, MI 48801

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0.41 AC lot

Vacant lot for building a new home in Alma.

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Residential Land in Gemstone Fields
Residential Land in Gemstone Fields

274 Gemstone Dr, Alma, MI 48801

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Residential land for new home construction in Alma, Michigan.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

274 Gemstone Drive, Alma, MI 48801

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0.23 AC lot

Vacant lot for building a dream home in Alma, MI.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

385 Gemstone Drive, Alma, MI 48801

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0.28 AC lot

Vacant lot for building a new home in Alma, MI.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

345 Gemstone Dr, Alma, MI 48801

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Building lot in growing subdivision with city amenities and country feel.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

248 Ruby Court, Alma, MI 48801

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0.54 AC lot

Vacant lot for building a new home in Alma, MI.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

198 Jade Court, Alma, MI 48801

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0.27 AC lot

Vacant lot for building a dream home in Alma, MI.

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Residential Building Lot Available
Residential Building Lot Available

237 Gemstone Dr, Alma, MI 48801

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Building lot in growing subdivision with city amenities and country feel.

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Vacant Land in Gemstone Fields
Vacant Land in Gemstone Fields

345 Gemstone Drive, Alma, MI 48801

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0.21 AC lot

Building lot in a growing Alma subdivision with city amenities.

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Residential Land in Gemstone Fields
Residential Land in Gemstone Fields

385 Gemstone Dr, Alma, MI 48801

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Land for new home construction in a bike-friendly subdivision.

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Gemstone Fields Building Lot
Gemstone Fields Building Lot

365 Gemstone Drive, Alma, MI 48801

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0.28 AC lot

Vacant land in growing subdivision with city amenities and country feel.

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Land
Land

111 Grove Ave, Alma, MI 48801

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Residential land & home lots

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Vacant Land in Gemstone Fields
Vacant Land in Gemstone Fields

237 Gemstone Drive, Alma, MI 48801

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0.23 AC lot

Building lot in a growing subdivision with city amenities.

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Residential Land in Walkable Subdivision
Residential Land in Walkable Subdivision

278 Ruby Court, Alma, MI 48801

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Land for new home construction in Alma, Michigan.

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Residential Land in Gemstone Fields
Residential Land in Gemstone Fields

198 Jade Court, Alma, MI 48801

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Land for residential development in a walk and bike-friendly subdivision.

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Alma, MI Residential Land & Home Lots Market Trends and Statistics

Explore 26 residential land & home lots for sale in Alma, MI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 266,587 square feet of properties for sale, with an estimated market value of $49,000.

Sale prices for home sites in Alma, MI average $49,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 28
Commercial land 8
Industrial land 3
Waterfront Land 1

Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $3.3K

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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