Property profile

1531 60Th St Wyoming, MI 49508

OFF-MARKET
Land
1.25 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1531 60Th St Wyoming, MI 49508
Wyoming metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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