0 32Nd St Richland, MI 49083
This exceptional 4.83-acre commercial land parcel is located in Richland, Michigan, in Kalamazoo County, at N 32nd St, zip code 49083. The property is zoned 202 Commercial, offering a wide range of development possibilities. Its strategic location provides excellent visibility and accessibility, making it ideal for various ventures. Potential uses include, but are not limited to, assisted living facilities, retail spaces, storage facilities, service stations, and gas stations. The property's size and zoning provide ample space to bring your vision to life. Situated within a thriving community, this land offers a strong potential customer base. Conceptual plans for an assisted living facility are available for review. The asking price for this prime commercial land is $549,000. This represents a significant opportunity for investors and entrepreneurs seeking to capitalize on Richland's burgeoning commercial landscape. The property's location boasts excellent visibility and accessibility, ensuring high potential for success. Don't miss this chance to acquire a versatile parcel perfectly suited for a variety of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.