Kalamazoo West Main Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30189023
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Other
Gross Land Area: 43.20 Acres
Sale Price: $4,000,000
Unit Price: $92,592 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/21/2018

Overview / Comments

Just look at the development that has been going on for the last several years on West Main and 131 HWY corridor. Here is a terrific opportunity to have 825 feet of frontage and up to 43.2 acres of land ready for development. This property is across the street from Meijer and Menards. Oshtemo Township has allowed PUD Zoning to accommodate new business in this area. The land has some wooded areas but the property is relatively flat with 960 Feet of elevation the average. Traffic count was last shown at 30,000 plus cars per day, but now that is an obvious low count. Please review the attached documents.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Oshtemo TWP
Tax ID/APN: 390514405040
Zoning: PUD
Property Located Between: 9th and 10th Street
Property Visibility: Excellent
Legal Description: Lengthly Legal Available at Listing Office
Largest Nearby Street: West Main
Feet of Frontage: 825
Highway Access: Highway 131 North/South and short distance to I94 East West
Airports: Kalamazoo/Battle Creek Int. Airport
Site Description: Wooded and relatively level
Area Description: Heavy business traffic with lots of recent growth in the area to include a large Menards and a Meijer
Lot Frontage: 825
Zoning Description: Currently authorized as a PUD
Topography: Gently Sloping
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,794 46,606 112,902
Median Age: 25.16 32.54 33.22
Households: 3,108 21,242 46,029


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