RESIDENTIAL DEVELOPMENT OPPORTUNITY - PAW PAW, MI
Vacant Land
for Sale
Also listed as Multi-Family
| Catylist Listing ID: |
30200543 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
18.02 Acres
|
| Sale Price: |
$199,000 |
| Unit Price: |
$11,043 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/23/2020 |
Overview / Comments
|
AVAILABLE FOR SALE – 18-acre zoned RM – Multi-Family Residential District in the Village of Paw Paw. This development opportunity offers water, sewer, gas and electric to site. Located adjacent to Paw Paw Early/Later Elementary Schools and Maple Lake Assisted Living Community, property is convenient to Bronson Lakeview Hospital and downtown Paw Paw.
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Additional Details
| Nearest MSA: |
Kalamazoo-Portage |
| County: |
Van Buren |
| Taxing Authority: |
Paw Paw, Village of |
| Tax ID/APN: |
80-47-581-033-03 |
| Zoning: |
RM - MULTI-FAMILY RESIDENTIAL DISTRICT |
| Property Located Between: |
W. North Street/CR 374 & 52nd Street |
| Legal Description: |
1325 11-3-14 710-787 882-988 1063-466 SE1/4 OF NE1/4 OF SEC. EX GUERCIO ADD. ALSO EX WARTEWIG ADD. ALSO EX LAND LYING E OF A L DESC AS BEG AT SW COR OF LOT 8 OF SD WARTEWIG ADD, TH NLY TO WLY L OF LOT 9 OF SD WARTEWIG ADD AND THE END OF THE LINE. ALSO EX BEG AT SW COR OF SD WARTEWIG ADD, TH N89D04'40'W ALG N L OF SD GUERCIO ADD 912.36', TH N0D0'35"W 523.32', TH E 912.33' TO W L OF WARTEWIG ADD, TH SLY ALG SD W L TO BEG. SPLIT FROM: 80-47-581-033-02. |
| Largest Nearby Street: |
W. North Street/CR 374 |
| Feet of Frontage: |
1 |
| Highway Access: |
.3 mile north of W. Michigan Avenue/Red Arrow Highway; .7 mile northwest of N. Kalamazoo Avenue/M-40; 1.5 mile northwest of I-94 |
| Area Description: |
Located adjacent to Paw Paw Early/Later Elementary Schools and Maple Lake Assisted Living Community, property is convenient to Bronson Lakeview Hospital and downtown Paw Paw. |
| Lot Frontage: |
1 |
| Lot Depth: |
1 |
| Zoning Description: |
RM - Multi-Family Residential District |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,484 |
8,677 |
17,307 |
| Median Age: |
32.89 |
38.72 |
38.94 |
| Households: |
570 |
3,432 |
6,661 |
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