7163 BROADMOOR AVE SE
Vacant Land
for Sale
| Catylist Listing ID: |
28684576 |
| Property Subtypes: |
Office, Retail
|
| Gross Land Area: |
1.27 Acres
|
| Sale Price: |
$599,000 |
| Unit Price: |
$471,653 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2020 |
Overview / Comments
Unique parcel with frontage on both Broadmoor Avenue (M-37) and Kraft Avenue providing great visibility, convenience, and accessibility. Traffic counts are ~26,900. Davenport University and M-6 are within a mile of the subject site. Conceptual site plan available which indicates up to a 5,400 SF building. Great office, food, or general retail site. Versatile C-2 zoning. 5-mile population 5-year growth projection (2016 - 2021) is +7.3% and average household income is +10.7%.
TERMS: Conventional,Cash
SPECIAL NOTES: Agent is member of the ownership entity.
|
Financials
| Finance Data Year |
2007 |
| Real Estate Taxes - Annual($) |
$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. |
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 |
|
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