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    OFF-MARKET
    Land

    0 9Th St, Kalamazoo, MI 49009

    0.93 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.93-acre commercial land parcel presents a unique investment opportunity in Kalamazoo, Michigan. Located at the southwest corner of the entrance drive to Tall Oaks Apartment Homes, this property boasts a highly desirable location on South 9th Street, between Stadium Drive and West N Avenue in Oshtemo Township. The parcel offers significant visibility and accessibility, with over 192 feet of frontage on South 9th Street and convenient access via Tall Oaks Drive. Its strategic position on a growing commercial corridor, just north of I-94 and Kalamazoo Valley Community College, ensures high traffic volume and strong potential for future development. The property is zoned R-4 MUL, providing flexibility for a range of commercial uses. Utilities are readily available at the street, simplifying the development process. The asking price is $225,000, translating to approximately $241,935 per acre, reflecting the exceptional value and potential of this prime location. The APN is 390535330001. This is an ideal opportunity for developers and investors seeking a strategically located parcel in a thriving Kalamazoo area. Don't miss this chance to acquire a piece of this dynamic commercial corridor.

    Property profile
    Verified
    Property type Land
    Lot 0.93 ac (40,511 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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