New PUD Development

Vacant Land for Sale
Catylist Listing ID: 30008668
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.50 Acres
Sale Price: $109,000
Unit Price: $72,666 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2017

Overview / Comments

New Commercial PUD on Lake Michigan Drive near 48th Ave! There are a number of different sites from 1 - 1.5 Acres or combine for up to 4.5 acres. Road has been put in the site, city water and sewer to each lot and multiple uses available. Near student housing and the busy intersection of Lake Michigan Dr/48th Ave. Nearby businesses include GVSU, Burger King, Jimmy Johns, Save-A-Lot, Main Street Pub, DQ/Orange Julius and Lake Michigan Credit Union.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Tax ID/APN: 70-09-25-200-071 (POLP)
Zoning: COMMERCIAL PUD
Market Type: Large
Property Located Between: 48th Ave & 56th St
Side of Street: South
Road Type: Paved, Private
Legal Description: PART PART OF NE 1/4 COM N 1/4 COR, TH S 88D 31M 50S E 415 FT, S 200 FT, S 88D 31M 50S E 75 FT, S 141.51 FT, S 88D 31M 50S E 175 FT, N 41.5 FT, S 88D 31M 50S E 320 FT, S 46D 07M 44S W 398.43 FT, W 312.46 FT, S 45 FT M/L TO CEN LI OF CREEK, W'LY ALG SD CEN LI TO N & S 1/4 LI, TH N 666 FT M/L TO BEG, EXC THAT PART OF NE 1/4 COM S 341.51 FT & S 88D 33M 23S E 33.01 FT FROM N 1/4 COR, TH N 225.82 FT ALG E LI OF 52ND AVE, N 45D 35M 20S E 51.98 FT ALG S LI OF LAKE MICHIGAN DR, S 88D 47M 54S E 107.85 FT, S 263.58 FT, TH N 88D 33M 23S W 145 FT TO BEG, ALSO EXC M-45 R/W. SEC 25 T7N R14W
Largest Nearby Street: 48th Ave
Highway Access: M-45
Site Description: New Commercial PUD on Lake Michigan Drive near 48th Ave
Area Description: High profile location in the growing Allendale Township
Zoning Description: Commercial-PUD
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,549 22,758 50,508
Median Age: 20.41 25.87 31.87
Households: 2,208 6,206 15,563

Contact

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