Acreage on Shaver Road Portage, MI

Vacant Land for Sale
Catylist Listing ID: 2111026
Property Subtypes: Industrial, Office, Retail, Self Storage
Gross Land Area: 7.54 Acres
Sale Price: $1,200,000
Unit Price: $159,151 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/7/2017

Overview / Comments

PLENTY OF ROOM FOR A BIG BOX COMPANY Available on the Northwest corner of Shaver road and Vanderbilt is 7.54 acres vacant land zoned I-1 light industrial. This property is just south of Meijer and Super Walmart on a very busy road with traffic count 24,000. The land to the North is also available for 9.51 more acres. Across the street to the south is an additional 4 acres of land that could allow a large retail complex. The City of Portage wants this area developed so you can expect good cooperation. Come take a look and let's make a deal.
We can negotiate a great price.

Financials

Finance Data Year 2012
Real Estate Taxes - Annual($) $1,660 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $1,660 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $1,660 (Annual)
Finance Data Year 2009
Assessed Value - Total($) $29,594 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 3900028105A
Market Type: Medium
Property Located Between: Melody and Vanderbilt
Road Type: Paved
Property Visibility: Excellent
Legal Description: On File with the broker.
Largest Nearby Street: Shaver Road
Feet of Frontage: 288
Transportation: Highway, Airport, Taxi
Highway Access: I94 the East/West highway between Chicago and Detroit Hwy 131 the North/South highway between Grand Rapids and points South
Airports: Kalamazoo/Battle Creek International Airport
Site Description: This is 7.54 acres of open land along the busy Shaver Road corridor in Portage, MI
Lot Frontage: 288
Lot Depth: 746
Zoning Description: I-1 Light Industrial
Topography: Gently Sloping
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Storm Drain, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,151 33,320 74,394
Median Age: 39.97 39.82 38.7
Households: 2,216 13,805 30,653
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