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    6639 Broadmoor Ave Caledonia, MI 49316

    Sponsored
    For Sale
    $685,750

    Prime Caledonia, MI development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.11-acre commercial land parcel, located at 6639 & 6655 Broadmoor Ave SE in Caledonia, Michigan (zip code 49316, APN 41-23-06-451-014 & 41 23 30 451 015), presents a remarkable investment opportunity. Currently zoned R1, this site is ideally positioned for a variety of commercial uses including hospitality, office, retail, and retail-pad developments. The asking price is $685,750, translating to $325,000 per acre. This property benefits from its strategic location along Broadmoor Avenue, a rapidly developing corridor experiencing significant growth. Recent additions to the area include two new hotels, the Switch Campus, and a fully operational Amazon distribution center. Furthermore, the proximity to the M-6 Interchange, where new apartment and retail construction is imminent, enhances the property's long-term potential. A new Circle K truck and gas station recently opened to the south, further solidifying the area's commercial viability. This last remaining parcel in a thriving area offers significant upside for investors and developers seeking to capitalize on the burgeoning commercial activity in Caledonia. The property's size and location make it an ideal site for a new retail and restaurant development, as envisioned in mid-to-late 2021 plans.

    Property Features for 6639 Broadmoor Ave

    General Information

    Property type
    Individual retail properties
    Lot Size
    91,912 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Kent
    State
    Michigan
    Longitude
    -85.534042
    Latitude
    42.843049

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    FAQs

    What type of property is this?
    Individual retail property - Prime Caledonia, MI development site.
    Where is this individual retail property located?
    The property is located at 6639 Broadmoor Ave Caledonia, MI.
    What is the asking price?
    The asking price for this property is $685,750.
    (616) 327-2614
    Request Owner's contact information
    6639 Broadmoor Ave Caledonia, MI 49316
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    Caledonia, MI 49316
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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
    6639 Broadmoor Ave Caledonia, MI 49316
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