40 Acres on M45

Vacant Land for Sale
Catylist Listing ID: 30430530
Property Subtypes: Agricultural, Office, Retail
Gross Land Area: 40 Acres
Sale Price: $1,000,000
Unit Price: $25,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2019

Overview / Comments

Opportunity Awaits!! Prime location, Forty Acre parcel located on the SE corner of 120th and M45, approximately 1 mile East of M231 bypass. Great visibility and ideal for gas station, auto retail, or service use. The majority of this property sits in the Commercial Overlay District which is designed to become blended commercial and industrial use. Endless opportunities! Buyer to verify all information. Taxes based on the whole parcel, parcel splits to occur upon accepted bottom line purchase agreement. Buyer to verify all information.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Tax ID/APN: TBD (part of 700827100005)
Property Located Between: 120th & 112th
Property Visibility: Excellent
Legal Description: LLOF
Largest Nearby Street: Lake MI Dr
Feet of Frontage: 1,320
Highway Access: Frontage on M45 M-231 approximately 1 miles west of property
Lot Frontage: 1320
Lot Depth: 1320
Zoning Description: Commercial/AG
Part of Planned Development?: Yes
Development Name: Lake Michigan Drive Commercial Overlay District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 937 5,887 22,968
Median Age: 33 36.14 36.19
Households: 294 1,985 7,683


Photograph of Listing Agent

Kitty Rauschert

@Home Realty
CARWM Member
Photograph of Listing Agent

Jake Hogeboom

@Home Realty CARWM Member
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