Portage Creek Landing
Vacant Land
for Sale
| Catylist Listing ID: |
28673979 |
| Property Subtypes: |
Office, Retail
|
| Gross Land Area: |
13.78 Acres
|
| Sale Price: |
$2,400,000 |
| Unit Price: |
$174,165 Per Acre |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/21/2018 |
Overview / Comments
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Located on Shaver Rd with more than 15,000 cars passing per day with traffic counts over 25,000 cars/day on cross streets on Westnedge and Centre Ave. Join the neighbors of Walgreens and Huntington Bank. Location could be beautiful with Portage Creek and landscaping of City property nearby. The area has great convenience to I-94 and US 131. This spot would make a great location for a national chain wanting to make its presence in Portage or an independent business wanting to take advantage of traffic counts and exposure. Lot size can be altered slightly if necessary.
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Additional Details
| Nearest MSA: |
Kalamazoo-Portage |
| County: |
Kalamazoo |
| Tax ID/APN: |
391000016740C |
| Zoning: |
COMMERCIAL PLANNED DEVELOPMENT CPD |
| Market Type: |
Medium |
| Property Located Between: |
Shaver Rd and Centre Ave; Centre Ave and Oak St. |
| Side of Street: |
West |
| Road Type: |
Paved |
| Property Visibility: |
Excellent |
| Legal Description: |
PART OF THE SE 1/4 OF SEC 16-3-11; COMM AT THE S 1/4 POST OF SAID SEC 16; TH E ON THE S LI OF SAID SEC 16 A DISTANCE OF 1,505 FT TO A POINT ON SAID S SEC LI WHICH IS 1,160.96 FT W OF THE SE COR OF SAID SEC 16; TH N PERPENDICULAR TO SAID S LI 28.44 FT; TH N01DEG27'00"E 169.61 FT TO A POINT THAT IS 198 FT N OF SAID S SEC LI; TH W PARALLEL WITH SAID S LI 15.74 FT TO THE E LI OF PORTAGE CREEK LANDINGS; TH N00DEG00'55"E ON SAID E LI 61.89 FT TO THE POB; TH CONT N00DEG00'55"E ON SAID E LI 507.99 FT; TH N24DEG35'51"W ON SAID E LI 134.38 FT TO THE NE COR OF SAID PORTAGE CREEK LANDINGS; TH N17DEG49'26"E 452.67 FT TO A POINT THAT IS 245 FT S89DEG53'58"E OF THE NW COR OF THE SE 1/4 OF THE SE 1/4 OF SAID SEC 16 AND ON THE N LI OF THE SE 1/4 OF THE SE 1/4 OF SAID SEC 16; TH S89DEG53'58"E ON SAID N LI 278.08 FT MORE OR LESS TO REFERENCE POINT "A" AND THE CENTERLINE OF PORTAGE CREEK; TH SOUTHWESTERLY ON SAID CENTERLINE 195 FT MORE OR LESS TO A POINT WHICH IS 189.62 FT S49DEG11'13"W OF SAID REFERENCE POINT "A"; TH S65DEG34'00"E 503 FT; TH S24DEG20'00"W 279.04 FT; TH S65DEG34'00"E 258.16 FT TO THE WESTERLY ROW LI OF SHAVER RD; TH S24DEG31'54"W ON SAID WESTERLY ROW LI 185.64 FT; TH N65DEG34'00"W ON SAID WESTERLY ROW LI 10 FT; TH S24DEG31'54"W ON SAID WESTERLY ROW LI 92.21 FT; TH S33DEG14'12"W ON SAID WESTERLY ROW LI 96.36 FT; TH S24DEG32'03"W ON SAID WESTERLY ROW LI 18.42 FT; TH N65DEG28'06"W 39.51 FT; TH N41DEG50'08"W 40.17 FT; TH N65DEG28'06"W 190.41 FT; TH S24DEG32'15"W 189.47 FT; TH N89DEG59'39"W 9.63 FT; TH S00DEG00'04"W 176.27 FT TO THE N ROW LI OF CENTRE AVE; TH S86DEG53'48"W ON SAID N ROW LI 70.98 FT; TH N11DEG57'27"E 42 FT; TH NORTHEASTERLY 20.87 FT ON A 100 FT RADIUS CURVE TO THE LEFT WHOSE CHORD BEARS N05DEG58'46"E 20.83 FT; TH N00DEG00'04"E 143.66 FT; TH W PARALLEL WITH THE S LI OF SAID SEC 16 A DISTANCE OF 226.13 FT TO THE POB. CONTAINING 13.78 ACRE MORE OR LESS. |
| Largest Nearby Street: |
Shaver Rd |
| Highway Access: |
Highway 131 and I94 |
| Site Description: |
Portage Creek flows behind the property and the City of portage landscaping nearby. |
| Zoning Description: |
Commercial Planned Development CPD |
| Topography: |
Gently Sloping |
| Easements: |
Ingress/Egress, Utilities, Environmental |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,811 |
46,206 |
94,216 |
| Median Age: |
38.7 |
38.19 |
37.88 |
| Households: |
1,998 |
19,091 |
39,751 |
|
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