Hot Development Site on Broadmoor!

Vacant Land for Sale
Catylist Listing ID: 30614044
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.42 Acres
Sale Price: $1,500,000
Unit Price: $618,556 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Development site for sale on Broadmoor just north of M-6 Interchange & 60th Street. 2.4248 Acres available. Located in front of two new hotels and only 2.4 miles to the Gerald R Ford International Airport!

488 new apartment units planned on adjacent land. Switch, Davenport University, and Steelcase all located nearby.

This area is in dire need of restaurant and retail space! 50,000 cars per day on M6 and over 23,000 on Broadmoor.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Airport District
Taxing Authority: Cascade Township
Tax ID/APN: 41-19-31-301-005 & 003
Zoning: PUD
Property Located Between: 52nd & 60th Street
Property Visibility: Excellent
Largest Nearby Street: Broadmoor Ave SE
Traffic/Vehicle Count: 23,000
Highway Access: M-6
Airports: Gerald R. Ford International Airport
Lot Frontage: ~470' Broadmoor
Lot Depth: ~226'
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 25,823 113,773
Median Age: 35.48 36.87
Households: 10,269 44,045

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