Residential

Alma, MI Residential Land & Home Lots for Sale

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Residential Corner Lot in Alma
Updated: Jan 9
Residential Corner Lot in Alma

427 E Downie Street, Alma, MI 48801

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0.10 AC lot
Zoned for multi‑family residential (surveyed 11‑25‑25).
Seller willing to entertain a short term land contract.
Desirable corner lot location with easy access to shopping, medical, entertainment, transportation, and highways.**
City allows building a 1056 square foot home with a variance.
Potential to avoid flood insurance by bringing in fill.
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Waterfront Building Lot with River Views
Updated: Feb 12, 2025
Waterfront Building Lot with River Views

Riverview lot: 43, Alma, MI 48801

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0.39 AC lot
Building lot overlooking the river
Mainly cleared lot with a few mature trees, plus wooded area in the back
Within walking distance to Alma College and the Fred Meijer Heartland Trail
Cable available
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Vacant Lot/Land, Alma, MI
Vacant Lot/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 Gemstone Fields
Residential Land in Gemstone Fields

385 Gemstone Drive, Alma, MI 48801

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Land for new home construction in a friendly subdivision.

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Vacant Lot/Land, Alma, MI
Vacant Lot/Land, Alma, MI

9000 Winans Road, Alma, MI 48801

$98,000
15.00 AC lot

Land · 15.00 Acres

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Land, Alma, MI
Land, Alma, MI

Bostwick Street, Alma, MI 48801

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0.20 AC lot

Land · 0.20 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 Drive, Alma, MI 48801

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Land for new home construction in a friendly subdivision.

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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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Land
Land

278 Ruby Court, Unit 71, Alma, MI 48801

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Residential land & home lots

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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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13 active listings match your search: Residential Lot for sale in Alma, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Vacant Lot/Land, Shepherd, MI
Vacant Lot/Land, Shepherd, MI

311 Red Maple Lane, Shepherd, MI 48883

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0.36 AC lot

Land · 0.36 Acres

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Vacant Lot/Land, Shepherd, MI
Vacant Lot/Land, Shepherd, MI

307 Red Maple Lane, Shepherd, MI 48883

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0.33 AC lot

Land · 0.33 Acres

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Vacant Lot/Land, St Louis, MI
Vacant Lot/Land, St Louis, MI

Saint Louis, MI 48880

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1.16 AC lot

Land · 1.16 Acres

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Wooded Corner Lot for Home
Wooded Corner Lot for Home

Saint Louis, MI 48880

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0.65 AC lot

Residential land in Westgate subdivision, city water and sewer available.

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

Explore 13 residential land & home lots for sale in Alma, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 772,754 square feet of properties for sale, with an estimated market value of $98,000.

Sale prices for home sites in Alma, MI average $98,000 — 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

Commercial land 10
Residential land & home lots 10
Agricultural land / Farmland 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 $7.7K

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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