50 Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 30045685
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Residential (Single Family), Retail-Pad, Self Storage
Gross Land Area: 50.19 Acres
Sale Price: $2,000,000
Unit Price: $39,848 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2017

Overview / Comments

Prime development land with over 1300 feet of prime US 131 Frontage. Many national retailers nearby in this growing area. Favorable demographics for income, housing, and retail potential. Wonderful mix of wooded rolling area with natural ponds, and a high plateau of pasture land facing the east and 131 for maximum visibility. Water and sewer nearby, with Natural gas at the street on Edgerton.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Solon Twp.
Tax ID/APN: 410226400024
Zoning: AG-RURAL
Property Located Between: Solon and 17 Mile
Property Visibility: Excellent
Legal Description: LL in LO
Largest Nearby Street: 17 Mile and US 131
Feet of Frontage: 1,340
Traffic/Vehicle Count: 30,000
Highway Access: US 131 at 17 Mile
Site Description: Wooded and rolling with corn fields and higher ground at road.
Area Description: Rural town with major national retailers provide a hub of economic activity.
Lot Frontage: 1578
Lot Depth: 1757
Zoning Description: AG Rural
Topography: Gently Sloping
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Gas
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,342 23,581
Median Age: 34.68 36.57
Households: 4,027 8,280
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