Paw Paw, MI development site

Vacant Land for Sale
Catylist Listing ID: 30786325
Property Subtypes: Residential (Single Family)
Gross Land Area: 16.32 Acres
Sale Price: $1,224,000
Unit Price: $75,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

16.32 acres zoned R-2 which is adjacent to the Village of Paw Paw's Central Business district that may allow for rezoning if required. This offering has 2 legal descriptions which would allow for the parcel to be split. Excellent visibility, near Walmart and Tractor Supply Co. Property is just off I-94.
NOTE that 1026 Kalamazoo St. is also included in the sale price.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Van Buren
Taxing Authority: Village of Paw Paw
Tax ID/APN: 80-47-600-012-01 & 80-47-600-017-01
Zoning: R-2
Property Located Between: 665 and 32nd St. (Almena Dr.)
Property Visibility: Excellent
Legal Description: On file
Largest Nearby Street: I-94
Highway Access: .4 miles from I-94
Airports: Kalamazoo Battle Creek International
Site Description: Ravine, rolling and wooded with stream
Area Description: Parcel is located in a commercial area
Lot Frontage: 861'
Lot Depth: See attached
Zoning Description: Currently R-2, two unit residential, however the village of Paw Paw is open to rezoning as the contiguous property is zoned Central Business District.
Topography: Rolling
Available Utilities: Electric, Gas
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,484 13,212 24,964
Median Age: 32.89 37.49 39.27
Households: 570 5,046 9,557

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