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    OFF-MARKET
    Commercial land

    5225 Sprinkle Rd, Portage, MI 49002-9732

    7.4 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2303340
    Property summary
    AI-generated overview

    This exceptional 7.4-acre parcel of land presents a prime opportunity for commercial development in Portage, Michigan. Located on Sprinkle Road, a high-traffic artery boasting an average daily traffic count of 22,223 vehicles, this property offers unparalleled visibility and accessibility. The land is zoned I-1 Light Industrial, allowing for a diverse range of uses, including but not limited to veterinary clinics, trade schools, contractor offices, laboratories, storage facilities, and various manufacturing operations. The site itself comprises approximately 2.9 acres of developable land, providing ample space for construction. Utilities are readily available, with water and sewer services already in place, simplifying the development process and reducing upfront costs. The property's location in Kalamazoo County, with its convenient access to major transportation routes, further enhances its appeal to a wide range of potential businesses. The parcel's APN is 39-10-00001-012-0. This is a rare opportunity to acquire a strategically located, well-zoned industrial land parcel in a thriving Michigan market. The asking price for this exceptional property is $600,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 7.4 ac (322,344 SF)
    Zoning code I-1
    APN 10-00001-012-O
    UPID US43-2303340
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Abbey Farm Development Co LLC · 5 yrs held
    Abbey Farm Development Co LLC
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    I-1 · Portage, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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