RESIDENTIAL DEVELOPMENT OPPORTUNITY - PORTAGE, MI

Vacant Land for Sale
Catylist Listing ID: 30716472
Property Subtypes: Residential (Single Family)
Gross Land Area: 130 Acres
Sale Price: $1,900,000
Unit Price: $14,615 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2021

Overview / Comments

RESIDENTIAL DEVELOPMENT OPPORTUNITY: Approx. 130 beautiful, wooded acres, including 30 acres of wetlands, situated just north of Austin Lake in Portage, Michigan. Site fronts both Zylman Ave. and S. Sprinkle Rd. and is zoned R-1B, One-Family Residential District within the City of Portage. Municipal water and sanitary/storm sewer, as well as gas and electric to site. Well located near schools, parks and a wide variety of shopping, dining and consumer services, this property offers a unique opportunity to master plan one of Kalamazoo County’s largest remaining residential-zoned sites. Property is owned by Pfizer Inc., and any sale will include restrictive-use covenants and other unconventional requirements in a sales agreement. Contact listing agent for additional details.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Portage, City of
Tax ID/APN: 3910-00023-390-A (and others)
Zoning: R-1B, ONE FAMILY RESIDENTIAL DISTRICT
Property Located Between: Portage Road & S. Sprinkle Road
Legal Description: Attached
Largest Nearby Street: S. Sprinkle Road
Highway Access: Close proximity to I-94 and US-131
Zoning Description: R-1B, One-Family Residential District
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,898 29,891 74,926
Median Age: 44.49 39.07 38.41
Households: 1,670 12,433 31,720

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