31+/- Acres Commercial Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30636508
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 31.34 Acres
Sale Price: $2,495,000
Unit Price: $79,610 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/2/2021

Overview / Comments

31.34 +/- acres of prime commercial land zoned B-3 and ready for development near the southwest corner of Gull Rd and East G Ave just outside of the city of Kalamazoo. The immediate area has grown over the last several years as development has traveled outward from the Kalamazoo urban core. Traffic counts at the Gull Rd and East G Ave intersection averaged 23,552 vehicles per day. There are 26,574 households with an average household income of $83,155 within a 3-mile radius. Walmart and Meijer’s are both within a half mile, along with many other retailers including Walgreen’s, Discount Tire, Tractor Supply, several retail strip-centers and many fast food and dine-in restaurants. The property consists of three generally level adjacent parcels of land that can be accessed off either Gull Rd or East G Ave. Parcel 1 has 16.476 acres, including Bobick’s Golf Center (golf pro shop and driving range), Parcel 2 and 3 add up to another 14.86 acres. There is also a separate 4.56 acre parcel nearby with 398 ft of frontage on East G Ave currently zoned R-1A. This property is not included in the list price. Please see agent for pricing for this parcel.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Comstock Charter Township
Tax ID/APN: 39-07-05-205-021; 39-07-05-205-050; 39-07-05-135-030
Zoning: B-3
Property Located Between: Property is located just outside the city of Kalamazoo at the southwest corner of Gull Rd and East G Rd.
Property Visibility: Excellent
Largest Nearby Street: Gull Road
Traffic/Vehicle Count: 23,552
Site Description: Generally level ground with partial wooded area
Area Description: Commercial corridor
Zoning Description: B-3
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,464 29,089 74,641
Median Age: 36.64 36.47 35.37
Households: 1,654 11,622 29,767
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