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: $599,000
Unit Price: $308,762 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/8/2021

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.

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
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

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Demographic Statistics

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


Photograph of Listing Agent

Brian D. Silvernail

Show Grand Rapids CARWM Member
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