RAW LAND INDUSTRIAL AIRPORT CORRIDOR

Vacant Land for Sale
Also listed as Industrial, Multi-Family
Catylist Listing ID: 28774960
Property Subtypes: Industrial, Multi-Family, Office, Residential (Single Family), Self Storage, Other
Gross Land Area: 16 Acres
Sale Price: $895,000
Unit Price: $55,937 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

GREAT PARCEL OF LAND IN THE GRAND RAPIDS INDUSTRIAL AIRPORT CORRIDOR THAT IS REALISTICALLY PRICED TO SELL. THE CURRENT ZONING IS R-1C. INDUSTRIAL OR MULTI-FAMILY USES FOR THIS LAND WOULD NEED TO BE APPROVED BY THE CITY OF KENTWOOD. THE LAND SITS IN-BETWEEN MULTI-FAMILY & INDUSTRIAL USES. OWNERS WILL CONSIDER LAND-CONTRACT OR PARTNERSHIP IN DEVELOPMENT. ALL TERMS ARE NEGOTIABLE.

HIGHLY VISIBLE FRONTAGE ON 36TH STREET.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Airport District
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-13-390-026, 41-18-13-390-027, 41-18-13-400-004
Zoning: R-1C - POSSIBLE INDUSTRIAL
Market Type: Medium
Property Located Between: EAST PARIS & PATTERSON AVE
Side of Street: North
Road Type: Paved, Highway, Highway Interchange
Property Visibility: Excellent
Legal Description: PART OF SW 1/4 COM AT INT OF E LINE OF W 1420 FT OF SW 1/4 & A LINE WHICH BEARS N 88D 43M 40S E FROM A PT WHICH IS 135.57 FT S 89D 56M 50S E ALONG S SEC LINE & 1367.85 FT N 57D 30M 40S E FROM SW COR OF SEC TH N 88D 43M 40S E TO E LINE OF W 2380 FT OF SW 1/4 TH SLY ALONG SD E LINE TO N LINE OF S 333 FT OF SW 1/4 TH W ALONG SD N LINE TO E LINE OF W 1730 FT OF SW 1/4 TH S ALONG SD E LINE TO N LINE OF S 50 FT OF SW 1/4 TH W 130 FT ALONG SD N LINE TO W LINE OF 1600 FT OF SW 1/4 TH N ALONG SD W LINE TO N LINE OF S 333 FT OF SW 1/4 TH W ALONG SD N LINE TO E LINE OF W 1420 FT OF SW 1/4 TH N ALONG SD E LINE TO BEG * SEC 13 T6N R11W 10.16 A.
Largest Nearby Street: 36th Street and Patterson Ave
Feet of Frontage: 440
Traffic/Vehicle Count: 7,000
Transportation: Bus, Shuttle, Highway, Airport, Taxi, Other
Highway Access: EASY ACCESS TO I-96 AND M-6.
Airports: GERALD R FORD INTERNATIONAL AIRPORT
Area Description: NEIGHBORS INCLUDE: KNOLL INDUSTRIES, A-1 36 STREET STORAGE, EASTLAND APARTMENTS, HUIZENGA GROUP, ELSTON RICHARDS, GREAT LAKES FLUID AND POWER, LACKS TRIM SYSTEMS, AUTOCAM CORPORATIONS.
Lot Frontage: 440
Lot Depth: 715
Zoning Description: THE ZONING IS R-1. THE LAND IS IN THE AIRPORT INDUSTRIAL CORRIDOR. ANY ZONING CHANGES WOULD NEED TO BE APPROVED BY THE CITY OF KENTWOOD.
Topography: Level
Easements Description: CONSUMERS POWER LINES RUN NORTH OF THE PROPERTY AND WOULD GIVE ANY DEVELOPMENT THE POSSIBILITY OF EXTRA ACREAGE FOR PARKING.
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,940 56,291 189,373
Median Age: 38.83 36.63 35.56
Households: 2,158 22,903 72,637
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