SE RE-DEVELOPMENT OPPORTUNITY

Vacant Land for Sale
Catylist Listing ID: 30163629
Gross Land Area: 8.84 Acres
Sale Price: $399,000
Unit Price: $45,135 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

Prime SE development opportunity. Two parcels consisting of a total of 8.84 acres. Site fronts Burton Street & I-96–great visibility from I-96. Currently zoned Residential (R1), but other types of uses may be applicable. Includes PPN 41-19-07-174-002 (4825 Burton). Includes PPN 41-19-07-174-002 (4825 Burton).

Financials

Finance Data Year 2007
Real Estate Taxes - Annual($) $81,100 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Ada/Cascade
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-12-276-016
Zoning: RES
Largest Nearby Street: Patterson Avenue
Site Description: LL in LO.
Area Description: DIRECTIONS: NE corner of Patterson and Burton.
Zoning Description: It is recommended that interested parties contact the Municipality Zoning Department to verify that their intended use conforms to the current zoning.
Easements Description: Of record if any.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,383 53,865 163,484
Median Age: 45.84 38.64 35.95
Households: 1,163 21,652 62,875
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