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    1531 60Th St Wyoming, MI 49508

    For Sale
    $495,000

    Prime Kentwood development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1.25-acre commercial land parcel in Kentwood, Michigan, presents a significant development opportunity. Located at the high-traffic intersection of 60th Street and Kalamazoo Avenue (over 35,000 vehicles daily), this property boasts exceptional visibility and accessibility. The C2 zoning allows for a wide range of commercial uses, including retail, restaurants, and offices. Its strategic location is enhanced by proximity to established businesses such as Family Dollar, Village Bike, and Auto Zone. The property offers frontage on 60th Street and convenient rear service drive access from Kalamazoo Avenue. This is an exceptional chance to establish a presence in a thriving Kentwood commercial corridor. The asking price is $495,000, and the property is owned by an LLC. This is a rare opportunity to acquire a highly visible and versatile commercial lot in a prime Kentwood location. The property is ready for development and offers significant potential for return on investment. Serious inquiries are encouraged.

    Property Features for 1531 60Th St

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • $495,000 asking price for 1.25 acres of commercial land.
    • C2 zoning allows for diverse commercial development.
    • High‑traffic location at 60th Street and Kalamazoo Avenue in Kentwood, MI (Kent County).
    • Excellent visibility and access; near Family Dollar, Village Bike, and Auto Zone.
    • LLC ownership; broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Clothing Store Auto Repair Shop Pharmacy Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Kent
    State
    Michigan
    Longitude
    -85.626445349927
    Latitude
    42.854783176063

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    FAQs

    What type of property is this?
    Land - Prime Kentwood development site.
    Where is this land located?
    The property is located at 1531 60Th St Wyoming, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for 1.25 acres of commercial land.; C2 zoning allows for diverse commercial development.; High-traffic location at 60th Street and Kalamazoo Avenue in Kentwood, MI (Kent County).
    Request Owner's contact information
    1531 60Th St Wyoming, MI 49508
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    Wyoming, MI 49508
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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
    1531 60Th St Wyoming, MI 49508
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