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    Alma, MI
    Senior Housing

    Alma, MI Senior Housing / Retirement Homes for Sale

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    Purpose-Built Nursing Home Campus
    Updated: Jun 15
    Purpose-Built Nursing Home Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot
    45 private resident suites, each with an en‑suite bathroom
    6.19‑acre healthcare campus in Alma, Michigan
    Three residential wings with dedicated nursing stations, kitchens, and support areas
    Whole‑building emergency backup generator and comprehensive fire suppression system
    Dedicated commercial kitchen area remains in place
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    20-Unit Assisted Living Facility
    20-Unit Assisted Living Facility

    17935 Roosevelt Rd, Hemlock, MI 48626

    $2,000,000
    9,500 sqft

    2019-built senior care property with private and shared bathing arrangements in an Adult Foster Care setting.

    View details
    12-Bed Assisted Living Facility
    12-Bed Assisted Living Facility

    702 & 700 E Remus Road, Mt Pleasant, MI 48858

    $1,350,000
    8,264 sqft 9.24 AC lot

    Operating care business includes a residence, common areas, and a heated storage barn.

    View details
    Assisted Living Facility with Residence
    Assisted Living Facility with Residence

    14190 19 Mile Rd NE, Gowen, MI 49326

    $50,000
    18,000 sqft 4.50 AC lot

    Vacant care-oriented property with substantial support improvements and an attached residence.

    View details
    Senior Housing Campus
    Senior Housing Campus

    2138 N Carolina Street, Saginaw, MI 48602

    $389,000
    32,682 sqft 3.49 AC lot

    City-approved senior care project with construction plans and drawings prepared for implementation.

    View details

    Alma, MI Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 1 senior housing / retirement homes for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 34,539 square feet of properties for sale, with an estimated market value of $4,950,000.

    Sale prices for assisted living facilities in Alma, MI average $4,950,000 — 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

    Assisted living facilities 1
    Nursing homes 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 $5M

    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%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Gratiot County

    Residential Income

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