Listing Agency: Callander Commercial

Listed By: Diane Karns, CCIM · License #MI 6502347362 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 10:47PM

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Investment Insights

Based on property information with market context.

This 1.9-acre industrial land parcel is zoned industrial and has existing infrastructure in place. The site is positioned for development and offers a straightforward land opportunity for an industrial user or project.

Access to US-131 provides a direct regional connection, with the property located between Grand Rapids and Wayland. The parcel is identified as 1129 Morren Ct in Wayland, Michigan.

Key Highlights

• 1.9‑acre industrial land parcel
• Industrial zoning in place
• All infrastructure is in place

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Parking Lot & Garage Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

51

Businesses Nearby

Explore this area Business Placement

Demographics for 49348, MI

14,989

Population

5,629

Households

2.7

Avg Household Size

36

Median Age

23%

College-Educated

94%

High-School Grad

65.7 sq mi

ZIP Area

228

Density / Sq Mi

$79,267

Median Household Income

$41,955

Median Earnings

$1,123

Median Rent

$247,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial zoning is in place, with infrastructure already installed for future development.

Where is this industrial land located?

The property is located at 1129 Morren Ct Wayland, MI.

What are key features of this property?

This property features: 1.9‑acre industrial land parcel; Industrial zoning in place; All infrastructure is in place