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    1331 142Nd Ave Wayland, MI 49348

    Sponsored
    For Sale
    $1,250,000

    Prime 5-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel, located at 1331 142nd Ave in Wayland, Michigan (49348), presents a unique investment opportunity. Zoned for commercial use, this property boasts a generous 217,800 square feet of land, providing ample space for a variety of development projects. Situated in Allegan County, the location offers convenient access to key transportation routes and infrastructure. The property is poised for immediate development, with approvals anticipated this winter, allowing for groundbreaking to commence in the spring. This presents a rare chance to acquire a sizable, ready-to-develop commercial lot in a desirable Michigan location. The asking price is $1,250,000. Serious inquiries are encouraged to explore the potential of this prime commercial land and capitalize on this exceptional opportunity for growth and return on investment. The property's ideal location and substantial size make it an attractive proposition for developers seeking to establish a significant presence in the thriving Wayland market. Don't miss this chance to secure a valuable asset in a rapidly developing area.

    Property Features for 1331 142Nd Ave

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial lot (217,800 sq ft) in Wayland, MI (49348).
    • Zoned commercial, ready for immediate development.
    • Convenient access to major transportation routes.
    • Development approvals anticipated this winter, groundbreaking possible spring 2024.
    • Asking price: $1,250,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Champs Chicken Chicken Restaurant FedEx Drop Box Mailing Service Exxon Gas Station

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Food Market HVAC Service Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayland
    County
    Allegan
    State
    Michigan
    Longitude
    -85.6762741
    Latitude
    42.725287

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ready to build.
    Where is this land located?
    The property is located at 1331 142Nd Ave Wayland, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 5-acre commercial lot (217,800 sq ft) in Wayland, MI (49348).; Zoned commercial, ready for immediate development.; Convenient access to major transportation routes.
    (616) 437-1883
    Request Owner's contact information
    1331 142Nd Ave Wayland, MI 49348
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    Wayland, MI 49348
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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
    1331 142Nd Ave Wayland, MI 49348
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