Property profile

8022 Magistrate St Kalamazoo, MI 49009

OFF-MARKET
Land
0.65 ac lot
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Property summary

AI-generated overview

This exceptional 0.65-acre commercial land parcel, located at 8022 Magistrate Street in Kalamazoo, Michigan (APN 390923126001), presents a unique investment opportunity. Situated in the CBD-zoned area, this property offers unparalleled visibility due to its location off Q Avenue, a major thoroughfare leading to a highly sought-after residential area in Texas Township. The lot enjoys excellent visibility in both directions and provides convenient access to the new Redwood Apartment community. This strategic location within Kalamazoo County ensures access to a high median income demographic. The property's size and zoning make it suitable for a variety of commercial developments, capitalizing on its prime location and high traffic area. The asking price for this exceptional property is $175,000. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a thriving community. Don't miss out on this chance to build your business in a prime Kalamazoo location.

Property profile

Verified
Property type Land
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

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

Location

8022 Magistrate St Kalamazoo, MI 49009
Kalamazoo 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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