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    5010 D Ave Kalamazoo, MI 49009

    Sponsored
    For Lease
    $1.00 SF/Yr ($2,000 /Mo)

    Prime 9-acre site, build-to-suit potential.

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.13-acre commercial property presents a unique build-to-suit opportunity in Kalamazoo, Michigan. Strategically located at the northwest corner of 12th Street and D Avenue, this site boasts high visibility and convenient access just off US-131 Highway at the D Avenue exit. The property comprises 2.75 acres zoned C-2 Retail and 6.38 acres zoned R-3 Residential/Multi-Family, offering flexibility for various development scenarios. With a total building footprint of 24,000 square feet currently vacant, this site is ideal for a single-tenant retail build-out. The property's prime location benefits from its proximity to established businesses, including Love's Gas Station, McDonald's, and Subway, and a future Biggby Coffee tenant. This area is experiencing significant growth, with new developments underway both east and west of US-131, making this a timely investment opportunity. The property's APN is 390113476018 & 078, and it's situated in Kalamazoo County, Michigan, with a zip code of 49009. Don't miss this chance to capitalize on the burgeoning commercial activity in this dynamic location.

    Property Features for 5010 D Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    2000

    Unit(s) available at that property

    Space
    Available Space
    Size
    24,000 SF
    Rate per SF
    $1.00

    HighLights

    • Build‑to‑suit retail space available, up to 24,000 SF.
    • Prime corner lot.
    • D Avenue and 12th Street intersection.
    • Less than 1/8 mile from US‑131, adjacent to BP gas station.
    • Excellent location for retail, restaurant, hotel, or residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility Garden Center Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.64947672
    Latitude
    42.37649836

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    FAQs

    What type of property is this?
    Land - Prime 9-acre site, build-to-suit potential.
    Where is this land located?
    The property is located at 5010 D Ave Kalamazoo, MI.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Build-to-suit retail space available, up to 24,000 SF.; Prime corner lot.; D Avenue and 12th Street intersection.
    Request Owner's contact information
    5010 D Ave Kalamazoo, MI 49009
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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
    5010 D Ave Kalamazoo, MI 49009
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