5160 60Th St Grand Rapids, MI 49512
- Land
- 3.79 lot acres
Current Use by Public Records
- Land
Property Details for 5160 60Th St
- Lot size
- 3.79 lot acres
- Property type
- Land
Description
This exceptional 3.79-acre commercial land parcel presents a remarkable investment opportunity in Grand Rapids, Michigan. Located at 5160 60th Street SE (Parcel B & C), this property boasts unparalleled visibility due to its prime location along the busy M-6 and Broadmoor corridors. Situated at the highest point on the north side of M-6, the land offers exceptional exposure to a high volume of daily traffic. The site benefits from readily available municipal sewer and water services, simplifying development plans. This location is particularly attractive given its proximity to a large, 500-unit apartment complex currently under construction, ensuring a strong and growing residential base. While the final acreage is subject to a new survey, the approximate 3.79 acres provide ample space for a variety of commercial developments. The property is zoned for commercial use, however, prospective buyers should be aware that municipal approvals are required before commencing any construction or development projects. The asking price for this strategically positioned land is $1,137,000. The APN is 41-23-06-200-049. This is a rare chance to secure a highly visible and well-situated parcel in a rapidly developing area of Grand Rapids, offering significant potential for future growth and return on investment.
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
- Michigan
- State
- Michigan
- Longitude
- -85.5385
- Latitude
- 42.8534
