Vacant Land along Broadmoor for Sale - Site 1

Vacant Land for Sale
Catylist Listing ID: 30704662
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 2.11 Acres
Sale Price: $685,750
Unit Price: $325,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

New retail and restaurant development, located along Broadmoor Ave, coming in mid to late 2021. Last remaining 2.11 acre parcel is an excellent investment opportunity or development site. The growth of this corridor has begun to take off with the addition 2 new hotels, the Switch Campus and Amazon’s new distribution that is fully operational. This site is just off the M-6 Interchange where apartments and retail are soon to be under construction. New Circle K truck and gas station recently opened to the South.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: Caledonia Township
Tax ID/APN: 41-23-06-451-014 & 41 23 30 451 015
Zoning: R1
Property Visibility: Excellent
Largest Nearby Street: Broadmoor

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,346 11,343 68,476
Median Age: 37.35 34.17 37.06
Households: 751 4,048 26,292
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