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    5980 Metro Way Wyoming, MI 49548

    For Lease
    Contact for pricing

    1.43 Acres Near Metro Health

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in the thriving city of Wyoming, Michigan. Located at 5980 Metro Way SW, this single-tenant property boasts a prime location directly adjacent to Metro Health Hospital, ensuring high visibility and accessibility. The site is situated along the heavily trafficked Byron Center Avenue corridor, surrounded by a robust retail environment, making it ideal for a variety of commercial developments. The property's zoning (not specified in provided information) would need to be verified to determine allowable uses. With its significant land area and strategic location, this property offers substantial potential for developers seeking a high-impact commercial venture. The single-tenant nature of the land simplifies development and management, minimizing complexities associated with multiple occupants. The address is 5980 Metro Way SW, Wyoming, MI 49548, within Kent County. This is a rare opportunity to acquire a sizable commercial land parcel in a high-demand area with excellent proximity to a major medical facility and established retail businesses. Serious inquiries are encouraged to explore the possibilities this property presents. Further due diligence is recommended to confirm zoning regulations and development potential. The total building square footage is listed as 1 square foot, indicating that there are no existing structures on the property. This presents a blank canvas for new construction tailored to specific commercial needs.

    Property Features for 5980 Metro Way

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.43‑acre commercial land parcel in Wyoming, MI.
    • Prime location adjacent to Metro Health Hospital with high visibility and accessibility.
    • Situated on heavily trafficked Byron Center Avenue, surrounded by retail.
    • Zoning verification required to determine allowable uses.
    • Single‑tenant property simplifies development and management.
    • Address: 5980 Metro Way SW, Wyoming, MI 49548.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Kent
    State
    Michigan
    Longitude
    -85.721997
    Latitude
    42.85638

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    FAQs

    What type of property is this?
    Land - 1.43 Acres Near Metro Health
    Where is this land located?
    The property is located at 5980 Metro Way Wyoming, MI.
    What are key features of this property?
    This property features: 1.43-acre commercial land parcel in Wyoming, MI.; Prime location adjacent to Metro Health Hospital with high visibility and accessibility.; Situated on heavily trafficked Byron Center Avenue, surrounded by retail.
    Request Owner's contact information
    5980 Metro Way Wyoming, MI 49548
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    Wyoming, MI 49548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5980 Metro Way Wyoming, MI 49548
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