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Business Research Park Land
For Sale
$375,000

5010 S Drake Road, Kalamazoo, MI 49009

Land, Kalamazoo, MI

Property SizeContact for details
Lot Size5.14 Acres
Days on Market2374

Property Features for 5010 S Drake Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description BRP
Lot features Level, Adj to Public Land, Buildable
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions Northwest corner of S. Drake Road and Parkview Avenue.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 390525430010
Lot size 5.14 Acres

Taxes and HOA fees

Tax Year 2020
Tax Description SEC 25-2-12 THAT PART SE1/4 & S 62 FT OF E1/2 NE1/4 LYING E OF ELY LI US HWY 131 *
Legal Description SEC 25-2-12 THAT PART SE1/4 & S 62 FT OF E1/2 NE1/4 LYING E OF ELY LI US HWY 131 *

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6506044331
Added: Feb 20, 2020 Changed: Aug 20 Last Checked: Aug 21 at 3:06AM
MLS# 20009203

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5.14-acre commercial land parcel is positioned within Phase 2 of Western Michigan University's Business Technology and Research Park in Oshtemo Township. The site is subject to a Master Deed and carries BRP—Business and Research Park—zoning. Development plans, specifications, and intended use require approval from WMU, Oshtemo Township, and the United States Economic Development Administration.

The property is located along US-131 on Drake Road, north of Parkview Avenue, and is adjacent to the fully occupied BTR 1 project. Available infrastructure includes electric, natural gas, City of Kalamazoo water and sewer, public water, public sewer, and cable service. The parcel is part of a 55-acre development that includes Ascension Borgess, Bronson, and Faraday Defense.

Key Highlights

  • 5.14‑acre site condo in Phase 2 of Western Michigan University's Business Technology and Research Park
  • BRP zoning in Oshtemo Township, subject to a Master Deed
  • Located along US‑131 on Drake Road, north of Parkview Avenue

Property Analytics

Current Use

Air Tree Service Landscaping

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Building Supply Carpet & Flooring Store Storage Facility

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

596
Businesses Nearby

Demographics for 49009, MI

47,188
Population
20,609
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
462
Density / Sq Mi
$82,364
Median Household Income
$44,702
Median Earnings
$1,089
Median Rent
$330,300
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
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Frequently Asked Questions

What type of property is this?
Commercial land - BRP-zoned development site with access to public water, sewer, electric, and natural gas.
Where is this commercial land located?
The property is located at 5010 S Drake Road Kalamazoo, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5.14‑acre site condo in Phase 2 of Western Michigan University's Business Technology and Research Park; BRP zoning in Oshtemo Township, subject to a Master Deed; Located along US‑131 on Drake Road, north of Parkview Avenue
More about this property
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