4.5 Acres Commercial on M45

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30048685
Property Subtypes: Agricultural, Industrial, Retail, Other
Status: Pending/Contingent
Gross Land Area: 4.50 Acres
Sale Price: $224,500
Unit Price: $49,888 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/21/2019

Overview / Comments

4.5 Acre Commercial SE 120th/M45 Opportunity Awaits!! Prime location, Four and a half acre parcel located on the SE corner of 120th and M45, approximately 1 mile East of M231 bypass. Great visibility and ideal for gas station, auto, retail or service use. This property sits in the Commercial Overlay District which is designed to be become blended Commercial and Industrial Use. Endless opportunities! There are additional 6+, 3+ and 9+ Acres available, could be more depending on need up to 40 acres. Buyer to verify all information.Taxes based on the whole parcel, and parcel splits to occur upon accepted bottom line purchase agreement.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Tax ID/APN: TBD (part of 700827100005)
Property Located Between: 120th & 112th
Property Visibility: Excellent
Legal Description: LLOF
Largest Nearby Street: Lake Michigan Drive
Feet of Frontage: 440
Highway Access: M45 Frontage M-231 approximately 1 mile west of property

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,264 24,731
Median Age: 36.92 39.14
Households: 2,470 8,923


Photograph of Listing Agent

Kitty Rauschert

@Home Realty
CARWM Member
Photograph of Listing Agent

Jake Hogeboom

@Home Realty CARWM Member
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