5657 Riverview Dr, Kalamazoo, MI 49004-1547
This exceptional 11.1-acre parcel, located at 5657 N. Riverview Drive in Kalamazoo, Michigan (49004), presents a unique investment opportunity. Situated in Cooper Township, the property boasts dual C-2 and Industrial zoning, unlocking a wide range of development possibilities. Pre-approved plans for a mini-storage facility are available for purchase, offering significant cost and time savings for a prospective developer. Alternatively, the expansive lot is well-suited for multi-family condo development or other commercial ventures. The property's versatility is further enhanced by the option to purchase the land in two parcels: a 2.8-acre section for $125,000 or an 8.3-acre section for $350,000. The entire 11.1-acre parcel is offered at $445,000. The property's APN is 390235276053. This prime location and flexible zoning regulations make this an ideal investment for those seeking high-return potential in a thriving Kalamazoo County market. The property's latitude and longitude coordinates are 42.342906216690984 and -85.55515116273405 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C1 · Kalamazoo, MIKalamazoo. Always verify with local authorities before improvements.
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.