WMU BTR PARK 2.0 - KALAMAZOO, MI

Vacant Land for Sale
Catylist Listing ID: 30582694
Property Subtypes: Industrial, Office, Other
Gross Land Area: 3 - 15.70 Acres
Sale Price: $250,000 - 975,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

WMU BTR PARK 2.0 DEVELOPMENT OPPORTUNITY: Up to 16 acres now available in Phase 2 of Western Michigan University’s renowned Business Technology and Research Park in Kalamazoo. Located adjacent to the fully occupied BTR 1, these site condos are situated along US-131 on Drake Road, just north of Parkview Avenue. Subject to a Master Deed, property is zoned BRP – Business and Research Park in Oshtemo Township and offers access to electric, natural gas and City of Kalamazoo water/sewer. Parcel dimensions are approximate and may vary based on buyer’s needs. All sales subject to WMU’s approval of intended use, plans and specifications.

Pcl 1 - 3 Acres at $250,000
Pcl 2 - 3 Acres at $250,000
Pcl 3 - 6 Acres at $450,000 (Pcl 1 & 2 combined)
Pcl 4 - 4.5 Acres at $350,000
Pcl 5 - 5 Acres at $375,000
Pcl 6 - 10 Acres at $650,000 (Pcl 4 & 5 combined)
Pcl 7 - 15.7 Acres at $975,000 (All parcels combined)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Oshtemo, Township of
Tax ID/APN: 39-05-25-430-010
Zoning: BRP - BUSINESS & RESEARCH PARK
Property Located Between: Parkview Avenue & Stadium Drive
Legal Description: SEC 25-2-12 THAT PART SE1/4 & S 62 FT OF E1/2 NE1/4 LYING E OF ELY LI US HWY 131 *
Largest Nearby Street: Stadium Drive
Highway Access: Adjacent to US-131.
Airports: 7 miles northwest of the Kalamazoo/Battle Creek International Airport.
Site Description: Site condos on 55-acre site.
Area Description: Located between S. Drake Road and US-131 - adjacent to BTR Park 1.0.
Zoning Description: BRP - Business & Research Park.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,410 79,979 150,874
Median Age: 35.84 32.03 33.88
Households: 4,245 32,996 61,808

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