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: $999,000
Unit Price: $132,493 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/22/2019

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.


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
Taxing Authority: City of Portage
Tax ID/APN: 3900028105A
Zoning: I-1
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

View FullscreenMap

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
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.