Vacant Land for Sale
Catylist Listing ID: 28684576
Property Subtypes: Office, Retail
Gross Land Area: 1.27 Acres
Sale Price: $599,000
Unit Price: $471,653 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2020

Overview / Comments

Unique parcel with frontage on both Broadmoor Avenue (M-37) and Kraft Avenue providing great visibility, convenience, and accessibility. Traffic counts are ~26,900. Davenport University and M-6 are within a mile of the subject site. Conceptual site plan available which indicates up to a 5,400 SF building. Great office, food, or general retail site. Versatile C-2 zoning. 5-mile population 5-year growth projection (2016 - 2021) is +7.3% and average household income is +10.7%.

TERMS: Conventional,Cash

SPECIAL NOTES: Agent is member of the ownership entity.


Finance Data Year 2007
Real Estate Taxes - Annual($) $4,000 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Airport District
Tax ID/APN: 41-23-08-151-008
Zoning: C-2
Site Description: LL in LO.
Area Description: DIRECTIONS: Broadmoor S to site.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,346 11,343 60,307
Median Age: 37.35 34.17 36.92
Households: 751 4,048 23,399


Photograph of Listing Agent

George S. Bera, Jr.

Bera Group, Inc. CARWM Member
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