0 W D Avenue W Kalamazoo, MI 49009

Active

$3,100,000

Market Estimate

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42.12 Acres
Land
MLS# 24019554

Listing provided courtesy of: NAI Wisinski of West Michigan

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Property Details

Description

COMMERCIAL/RESIDENTIAL DEVELOPMENT OPPORTUNITY - 42-acre parcel on West D Ave. between US-131 and N. 12th St. on Kalamazoo's northwest side. This site offers approx. 15+/- commercial acres on the northern portion, with frontage of 729' on West D Ave. and 416' on N. 12th St., and approx. 27+/- residential acres on the southern portion. Per Alamo Township, the property will not have access to public water or sewer, but the future land use plan calls for the entire site to be zoned Commercial. Well located between Grand Rapids and Kalamazoo, the 2025 planned reconstruction of the nearby US-131 Business Spur will offer additional direct access between the highway and downtown Kalamazoo. Zoned C-2, Commercial District and R-2, Residential District, Single & Two Family in Alamo Township. Area tenants include Love's Travel Stop, McDonald's, Citgo gas station, Subway, and BP gas station.

General Features
- Tax Annual Amount 1105.39
- County Or Parish Kalamazoo
- Property Sub Type Commercial Land
Building Features
- Bathrooms 0
Property Features
- Waterfront Y/N false
- Lot Size Acres 42.12
- Lot Size Area 42.12
- Road Surface Type Paved
- Lot Features Buildable, Tillable, Wooded
Schools
- High School District Plainwell

Neighborhood

49009 (Kalamazoo) Demographics

37 Median Age

449 Population Density (per sq. mile)

59% College Educated

$73,278 Estimated Median Income

12,270 Estimated Total Home Owners

6,278 Estimated Total Renters

66% / 34% Estimated Owner / Renter Divide

3 Estimated Average Household Size

46,734 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$369,900 Median Sales Price

87 Homes Sold

64 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $3,100,000
4/24/2024 9:14:00 AM	New in Database Source: Multiple Listing Service	New Value: $3,100,000

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** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Copyright 2024 MichRIC, LLC. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/20/2024 8:44:43 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.