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Industrial Development Land Site

740 Airway Drive, Allegan, MI 49010

For Sale
$3,293,400

Industrial-manufacturing zoned land with access from Airway Drive and space for warehouse and office development plans.

Property Size65 SF
Lot Size65.99 Acres
Price / SF$50,667
Days on Market146

Property Features for 740 Airway Drive

General Information

Standard status Active
Size 65 SF
Lot size 65.99 Acres
Property subtype Land

Additional Details

Road Access Yes
Listing Agency: CBRE
Listed By: Drew Miller
Source: Cbre
Added: Jun 17 Changed: Nov 5 Last Checked: Nov 8 at 4:35AM

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 CBRE

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Investment Insights

Based on property information with market context.

The property at 740 Airway Drive consists of approximately 65.99 acres of industrial-manufacturing zoned land across two parcels. The offering is positioned as a land development site for industrial and light office use, with previously proposed plans including a 600,000-square-foot warehouse and a 14,800-square-foot office, along with potential for future office expansion.

The site provides access from Airway Drive and is described as being in proximity to existing industrial and commercial properties, supporting its suitability for new development within an established commercial area.

For buyers and developers seeking an industrial-manufacturing zoned land platform, this site offers substantial acreage to support large-scale warehouse planning and an accompanying office component. The included conceptual program provides a starting point for evaluating layout, phasing, and future office growth, while the two-parcel configuration can inform how an owner may structure development activity.

Key Highlights

  • ±65.99 acres of industrial‑manufacturing zoned land across two parcels in Allegan, Michigan
  • Site has access from Airway Drive
  • Previously proposed plan includes a 600,000 SF warehouse

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Storage Facility Law Firm Auto Repair Shop Veterinary Clinic

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 49010, MI

18,183
Population
7,222
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
156.6 sq mi
ZIP Area
116
Density / Sq Mi
$72,361
Median Household Income
$42,133
Median Earnings
$1,061
Median Rent
$204,200
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?
Industrial land - Industrial-manufacturing zoned land with access from Airway Drive and space for warehouse and office development plans.
Where is this industrial land located?
The property is located at 740 Airway Drive Allegan, MI.
What is the asking price?
The asking price for this property is $3,293,400.
What are key features of this property?
This property features: ±65.99 acres of industrial‑manufacturing zoned land across two parcels in Allegan, Michigan; Site has access from Airway Drive; Previously proposed plan includes a 600,000 SF warehouse
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