5110 Westnedge Ave Portage, MI 49002
- Commercial land
- 3.22 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5110 Westnedge Ave
- Lot size
- 3.22 lot acres
- Zone code
- CPD
- Property type
- Commercial land
- APN
- 10-00004-001-D
- APU
- 1000004001D
Description
This exceptional 3.22-acre commercial land parcel, located at 5110 S Westnedge Ave in Kalamazoo County's Portage submarket, presents a prime build-to-suit or ground lease opportunity. Zoned CPD (Commercial Planned Development), this property boasts 137,274 square feet and a 156-foot frontage on S Westnedge Avenue, enjoying high visibility to over 37,783 daily drivers. Its strategic location within the Portage retail corridor, just north of I-94, places it near major retailers like Lowe's, Earth Fare, HomeGoods, and Meijer, and within an eight-minute drive of The Crossroads shopping center. The site is ideal for various uses, including full-service restaurants, drive-thru establishments, banks, medical offices, or urgent care facilities. Ample parking and multiple potential entrances ensure easy access. The property benefits from a strong demographic profile, with over 150,770 people residing within a five-mile radius, boasting an average household income exceeding $70,091 and a total annual consumer spending of over $3.1 billion. Portage's robust economy, fueled by companies like Pfizer and Stryker, contributes to a thriving business environment and projected population growth of 3.0% over the next five years. Property taxes are $0.22 per square foot. The APN is 00004-001-D, and the cross street is W Kilgore Rd. This location offers unmatched brand exposure and a strong potential for business success.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.5906
- Latitude
- 42.243
- CBSA code
- 28020
- CBSA name
- KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
