5160 60Th St Grand Rapids, MI 49512
- Land
- 1.79 lot acres
Current Use by Public Records
- Land
Property Details for 5160 60Th St
- Lot size
- 1.79 lot acres
- Property type
- Land
Description
This exceptional 1.79-acre commercial land parcel presents a remarkable investment opportunity in Grand Rapids, Michigan. Located at 5160 60th Street SE, Parcel B, in Kent County (APN 41-23-06-200-049), this property boasts unparalleled visibility due to its prime location along the busy M-6 and Broadmoor corridor. Situated directly across from a large, currently under-construction, 500-unit apartment complex, this site offers significant potential for retail development. The land is conveniently serviced by municipal sewer and water. This elevated parcel sits at the highest point on the north side of M-6, ensuring maximum exposure and attracting significant traffic. The asking price is $626,500, translating to approximately $198,675 per acre. While the final acreage is subject to a new survey, the current estimate is 1.79 acres. Please note that this property is subject to necessary municipal approvals before development can commence. This is a rare opportunity to capitalize on the growth and development within this thriving area of Grand Rapids. The zip code is 49512. Coordinates are 42.853443 latitude and -85.538497 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.5385
- Latitude
- 42.8534
