Listing Agency: Advantage Commercial Real Estate

Listed By: Thomas Vredevelt · License #6501457145 Show Phone

Source: Carwm.resimplifi

Added: Feb 3, 2025 Changed: Sep 4 Last Checked: Sep 14 at 5:55AM

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Investment Insights

Based on property information with market context.

This 0.61-acre commercial land parcel is located at 5035 Lake Michigan Dr in Allendale, Michigan, with COMMERCIAL zoning. The property is positioned near the Grand Valley State University campus, which reported overall enrollment of 22,269 students in fall 2023.

The site is situated between the Grand Rapids and Lakeshore markets. Nearby commercial users include Culver’s, Dairy Queen, Taco Bell, McDonald’s, Arby’s, and Domino’s, creating an established retail and restaurant setting along Lake Michigan Drive.

Key Highlights

• 0.61‑acre commercial land parcel
• COMMERCIAL zoning
• Located at 5035 Lake Michigan Dr, Allendale, MI 49401

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Parking Lot & Garage Hair Salon Spa & Massage Center

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

248

Businesses Nearby

Explore this area Business Placement

Demographics for 49401, MI

29,598

Population

9,083

Households

3.3

Avg Household Size

24

Median Age

41%

College-Educated

98%

High-School Grad

31.9 sq mi

ZIP Area

928

Density / Sq Mi

$73,020

Median Household Income

$16,175

Median Earnings

$1,083

Median Rent

$298,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercially zoned parcel near Grand Valley State University campus.

Where is this commercial land located?

The property is located at 5035 Lake Michigan Dr Allendale, MI.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: 0.61‑acre commercial land parcel; COMMERCIAL zoning; Located at 5035 Lake Michigan Dr, Allendale, MI 49401