You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Grocery and convenience stores

1331 142Nd Ave Wayland, MI 49348

4,000 SF 4 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US43-2423167
1331 142Nd Ave, Wayland, MI 49348 For Sale
Contact for pricing 4,000 SF
1331 142Nd Ave, Wayland, MI 49348
View Listing →
Property summary
AI-generated overview

This exceptional 5-acre commercial land parcel, located at 1331 142nd Ave in Wayland, Michigan (49348), presents a unique investment opportunity. Zoned for commercial use, this property boasts a generous 217,800 square feet of land, providing ample space for a variety of development projects. Situated in Allegan County, the location offers convenient access to key transportation routes and infrastructure. The property is poised for immediate development, with approvals anticipated this winter, allowing for groundbreaking to commence in the spring. This presents a rare chance to acquire a sizable, ready-to-develop commercial lot in a desirable Michigan location. The asking price is $1,250,000. Serious inquiries are encouraged to explore the potential of this prime commercial land and capitalize on this exceptional opportunity for growth and return on investment. The property's ideal location and substantial size make it an attractive proposition for developers seeking to establish a significant presence in the thriving Wayland market. Don't miss this chance to secure a valuable asset in a rapidly developing area.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Total area 4,000 SF
Lot 4 ac (174,240 SF)
APN 05-013-031-11
UPID US43-2423167
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Champs Chicken Restaurant
  • FedEx Drop Box Postal Service Courier Service
  • Exxon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
$640k
Comparable Approach Comparable
$882k
Blend (final) Blend
$645k
Owner & transaction history
Baljinder Singh Ghotra · 1 yrs held
Baljinder Singh Ghotra
since 2025
3 recorded transactions
2025
Price N/A
2025
$159,000
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message