Off-Ramp Commercial Site $11M 100th St. End of 2020: Corner Division

Vacant Land for Sale
Catylist Listing ID: 30049056
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 1.94 Acres
Sale Price: $699,000
Unit Price: $360,309 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/23/2019

Overview / Comments

Lot C consists of a 1.94-acre parcel with easy access to the soon-to-be-completed overpass and on/off-ramps to US 131. This overpass will act as the southern gateway into Kent County, as drivers head towards the Tangier Outlet Mall – just one off-ramp away – or other spots throughout the area. 100st itself serves as a connector from Byron Center to Holland and Caledonia, allowing for significant passerby traffic. Furthermore, with its close proximity to the newly remodeled J&H Family Stores and highway visibility, the addition of pylon signage will ensure that this location attracts many visitors, tourists, or customers.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Submarket Type: Suburban
Taxing Authority: Byron Township
Tax ID/APN: 41-21-36-200-049
Zoning: B-2 COMMERCIAL
Property Located Between: Between US 131 & 100th Street
Property Visibility: Excellent
Legal Description: N 352 FT OF E 240 FT OF NE 1/4 * SEC 36 T5N R12W 1.94-ACRES
Largest Nearby Street: US-131
Feet of Frontage: 521
Traffic/Vehicle Count: 15,000
Highway Access: US-131 provides approximately 65,000 ADT.
Airports: Gerald R Ford
Site Description: This lot is on the Southwest corner of 100th Street and Division Avenue. Commonly known as the "Old US-131", Division Avenue provides access to a significant amount of traffic and visibility. Moreover, it is less than 600 ft. from the freeway offramp. The parcel is flat, with a rental home currently residing on the property. The owner of this parcel also possesses a total of five parcels at this location. Given this fact, there is an opportunity to build a large pylon sign on the freeway offramp. The result of such a construction would ensure that each parcel owner could obtain their own panel on this sign to give added freeway visibility.
Area Description: This property is located at the gateway of Kent County on US-131 for North-bound tourists and passersby's. The overpass and off-ramps nearby will be reconstructed in 2020 at a cost of approximately $11,000,000. Join J&H Family Stores in developing this new free-way offramp location!
Lot Frontage: 521
Lot Depth: 314.5
Zoning Description: B2 - Commercial
Development Name: The Village at Corinth
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Of record
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,985 51,219
Median Age: 38.17 36.77
Households: 4,937 18,649

Contact

Photograph of Listing Agent

Brian D. Silvernail

Show Grand Rapids CARWM Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.