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    32Nd St Richland, MI 49083

    Sponsored
    For Sale
    $549,000

    4.83 Acres, Prime Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.83-acre commercial land parcel is located in Richland, Michigan, in Kalamazoo County, at N 32nd St, zip code 49083. The property is zoned 202 Commercial, offering a wide range of development possibilities. Its strategic location provides excellent visibility and accessibility, making it ideal for various ventures. Potential uses include, but are not limited to, assisted living facilities, retail spaces, storage facilities, service stations, and gas stations. The property's size and zoning provide ample space to bring your vision to life. Situated within a thriving community, this land offers a strong potential customer base. Conceptual plans for an assisted living facility are available for review. The asking price for this prime commercial land is $549,000. This represents a significant opportunity for investors and entrepreneurs seeking to capitalize on Richland's burgeoning commercial landscape. The property's location boasts excellent visibility and accessibility, ensuring high potential for success. Don't miss this chance to acquire a versatile parcel perfectly suited for a variety of commercial developments.

    Property Features for 0 32Nd St

    General Information

    Property type
    Land
    Lot Size
    210,395 SF

    HighLights

    • 4.83‑acre commercial land parcel in Richland, MI.
    • Zoned Commercial (202), suitable for assisted living, retail, storage, or gas station development.
    • Excellent visibility and accessibility in a thriving community.
    • Conceptual plans for an assisted living facility available.
    • Asking price: $549,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richland
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.4552749
    Latitude
    42.3765805

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    Nearby Similar for Sale

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      8749 Tiburon Ln, Richland, MI 49083
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    • $365,000

      Mixed-Use Property with Rental Apartment

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    FAQs

    What type of property is this?
    Land - 4.83 Acres, Prime Commercial Zoning
    Where is this land located?
    The property is located at 32Nd St Richland, MI.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: 4.83-acre commercial land parcel in Richland, MI.; Zoned Commercial (202), suitable for assisted living, retail, storage, or gas station development.; Excellent visibility and accessibility in a thriving community.
    Request Owner's contact information
    32Nd St Richland, MI 49083
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    Richland, MI 49083
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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
    32Nd St Richland, MI 49083
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