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    6209 N Ave Kalamazoo, MI 49009

    Sponsored
    For Sale
    $6,000,000

    Prime I-94 frontage, mixed-use development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 48-acre commercial land parcel presents a unique investment opportunity in Kalamazoo County, Michigan. Located at 6209 W N Ave, Kalamazoo, MI 49009, this flat, developable land boasts 2,000 feet of frontage along I-94, a major thoroughfare with a daily traffic count of 48,000 vehicles. The property is zoned for mixed-use development, offering considerable flexibility for a variety of projects. Its strategic location provides excellent visibility and accessibility. Situated near two I-94 exits and close to US-131, the property benefits from convenient access to major transportation arteries. The site's proximity to Bronson Healthcare's 52-acre mixed-use master plan, along with surrounding restaurants, hotels, medical facilities, and retail establishments, creates a vibrant and desirable location. Furthermore, its location is advantageous for educational institutions, being just five minutes from Kalamazoo Valley Community College and twenty minutes from Western Michigan University, Kalamazoo College, and Spring Arbor University. Water and sewer services are available in the area, and adjacent parcels are currently undergoing multi-family development, with planned road extensions to enhance connectivity. The asking price is $6,000,000, translating to $125,000 per acre. This represents a compelling opportunity for developers seeking a high-impact location with significant development potential.

    Property Features for 6209 N Ave

    General Information

    Property type
    Land
    Lot Size
    2,090,880 SF

    HighLights

    • 48‑acre mixed‑use development site in Kalamazoo County, MI.
    • 2,000 feet of I‑94 frontage with 48,000 daily vehicles.
    • Adjacent to Bronson Healthcare's 52‑acre mixed‑use master plan.
    • Five minutes from Kalamazoo Valley Community College.
    • Twenty minutes from Western Michigan University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.6712932
    Latitude
    42.2448437

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    FAQs

    What type of property is this?
    Land - Prime I-94 frontage, mixed-use development opportunity.
    Where is this land located?
    The property is located at 6209 N Ave Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 48-acre mixed-use development site in Kalamazoo County, MI.; 2,000 feet of I-94 frontage with 48,000 daily vehicles.; Adjacent to Bronson Healthcare's 52-acre mixed-use master plan.
    Request Owner's contact information
    6209 N Ave Kalamazoo, MI 49009
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    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
    6209 N Ave Kalamazoo, MI 49009
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