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Business Research Park Site
For Sale
$375,000

5010 S Drake Road Unit 4, Kalamazoo, MI 49009

BRP-zoned commercial parcel with access to electric, natural gas, and City of Kalamazoo water and sewer.

Property SizeContact for details
Days on Market49

Property Features for 5010 S Drake Road Unit 4

General Information

Standard status Active
Property subtype Land
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6506044331
Source: Jimdehaan
Added: Sep 6 Changed: Oct 1 Last Checked: Oct 23 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan

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Investment Insights

Based on property information with market context.

This 5.14-acre commercial land parcel is configured as a site condo within Phase 2 of Western Michigan University’s Business Technology and Research Park. The property is subject to a Master Deed and carries BRP—Business and Research Park—zoning in Oshtemo Township. Parcel dimensions are approximate and may be adjusted to meet buyer requirements.

The site fronts US-131 along Drake Road, north of Parkview Avenue, and is adjacent to BTR 1. Electric, natural gas, and City of Kalamazoo water and sewer are available. Intended use, plans, and specifications require approval from Western Michigan University, Oshtemo Township, and the United States Economic Development Administration. The development encompasses 55 acres and 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—Business and Research Park—zoning in Oshtemo Township
  • Located along US‑131 on Drake Road, north of Parkview Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

39
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Commercial land - BRP-zoned commercial parcel with access to electric, natural gas, and City of Kalamazoo water and sewer.
Where is this commercial land located?
The property is located at 5010 S Drake Road Unit 4 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—Business and Research Park—zoning in Oshtemo Township; Located along US‑131 on Drake Road, north of Parkview Avenue
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