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    5195 Lake Michigan Dr Allendale, MI 49401

    For Sale
    $249,900

    COMMERCIAL - Allendale, MI

    Lot size:
    1.34 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 5195 Lake Michigan Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    700924400084
    Lot size
    1.34 Acres

    Utilities

    Utilities
    Cable Available

    Nexes Realty (231) 739-3501 [email protected]

    Listing agent Thomas Blake (231) 739-3501

    Listing date Sep 10, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Allendale Commercial Land Opportunity

    This 1.34-acre commercial land parcel is located on Lake Michigan Drive in Allendale, offering high visibility and traffic flow. The property is zoned for a wide range of uses, presenting opportunities for various commercial ventures, including storage units, retail space, office buildings, or mixed-use development. The location provides easy access and excellent exposure, making it suitable for investors and developers. Situated minutes from Grand Valley State University and surrounded by restaurants, shopping centers, and residential neighborhoods, the property benefits from its proximity to key amenities. This lot is located in a rapidly expanding corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allendale
    County
    Ottawa
    State
    Michigan
    Longitude
    -85.91393
    Latitude
    42.973892

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    FAQs

    What type of property is this?
    Commercial land - Highly visible land parcel in Allendale, ideal for development.
    Where is this commercial land located?
    The property is located at 5195 Lake Michigan Dr Allendale, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - High-traffic location on Lake Michigan Drive with excellent exposure.; - Versatile property with endless development possibilities.; - Zoned for a wide range of commercial uses (storage, retail, office, mixed-use).
    (231) 739-3501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5195 Lake Michigan Dr Allendale, MI 49401
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