Potential Multi-Family Development Site

Vacant Land for Sale
Distressed
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 29696018
Property Subtypes: Industrial, Multi-Family, Office, Retail
Gross Land Area: 10.53 Acres
Sale Price: $600,000
Unit Price: $56,980 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 6/28/2017

Overview / Comments

10.53 acre Multi-Family potential development site. Subject to zoning change from current Highway Commercial. Call L.A. for rezoning details.

The lots on Cabill Drive have excellent exposure from the I-196 highway interchange at Lincoln Road. Lincoln Road services the Haworth Center Business Park including: Sloan Transportation, Haworth, Inc., Supply Chain Solutions, Residence Inn, Nelson Steel Products.

This is a combination of 5 contiguous parcels. Splits are available. Contact agent or see MLS for details.

Additional Details

Nearest MSA: Holland
County: Allegan
Taxing Authority: City of Holland, County of Allegan
Tax ID/APN: 03-02-10-307-002, -003, -004, -005
Zoning: C-2 HIGHWAY COMMERCIAL DISTRICT
Road Type: Paved, Highway Interchange, Cul-de-sac
Property Visibility: Excellent
Largest Nearby Street: M-40 (Lincoln Rd)
Traffic/Vehicle Count: 20,300
Transportation: Highway
Highway Access: Located on the northeast side of the I-196 highway interchange.
Zoning Description: Contact L.A. for rezoning details. Chapter 39. Article VI. Division 5. Sec. 39-115. Permitted uses include: - Marina and boat-docking facilities; - Automotive sales and services; - Storage or warehousing, excluding freight terminals; - Building trades and services, and construction materials (except as hereinafter prohibited); and - Wholesale businesses.
Available Utilities: Electric, Water, Gas, Sewer, Other
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,520 33,755 75,552
Median Age: 30.83 34.46 36.27
Households: 569 11,951 27,709

Source

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