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Land Parcel in Active Corridor
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5160 60th St SE, Grand Rapids, MI 49512

Land parcel in high-traffic area, ideal for retail development.

Property SizeContact for details
Days on Market963

Property Features for 5160 60th St SE

General Information

Standard status Active
Property subtype Land
Zoning H-C
Listing Agency: Advantage Commercial Real Estate
Listed By: Duwane Duke Suwyn · License #MI 6501256765
Source: Crexi
Added: Feb 28, 2024 Changed: Oct 14 Last Checked: Oct 16 at 6:04AM

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 Advantage Commercial Real Estate

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Investment Insights

Based on property information with market context.

This parcel presents an opportunity to be part of a new retail development situated along the M-6 and Broadmoor corridor. Located directly across from a 500-unit apartment project currently under construction, the property is in Caledonia Township and benefits from municipal sewer and water services available on-site. Positioned at the highest point on the north side of M-6, the parcel offers enhanced visibility. The property is subject to municipal approvals, and the final acreage will be determined by a new survey. The intended use of the property is for commercial or retail development.

Key Highlights

  • High visibility due to elevated position on M‑6.
  • Located directly across from a 500‑unit apartment complex under construction.
  • Part of a new retail development along the M‑6 and Broadmoor corridor.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Repair Shop Garden Center Kitchen & Bath Showroom Computer & Electronic Repair Auto Parts Store

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

95
Businesses Nearby

Demographics for 49512, MI

18,558
Population
8,870
Households
2.1
Avg Household Size
33
Median Age
38%
College-Educated
91%
High-School Grad
23.0 sq mi
ZIP Area
807
Density / Sq Mi
$70,955
Median Household Income
$41,538
Median Earnings
$1,229
Median Rent
$279,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Land parcel in high-traffic area, ideal for retail development.
Where is this commercial land located?
The property is located at 5160 60th St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High visibility due to elevated position on M‑6.; Located directly across from a 500‑unit apartment complex under construction.; Part of a new retail development along the M‑6 and Broadmoor corridor.
(616) 581-7777 Call to check price and availability
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