5845 Portage Rd Portage, MI 49002
This exceptional 3.03-acre commercial and industrial land parcel in Portage, Michigan, presents a prime development opportunity. Located at 5845 & 5905 Portage Road (APN: 391009240004O & 391009240005O), this property boasts approximately 175 feet of frontage on Portage Road, ensuring high visibility and accessibility. Its strategic location directly across from the Beacon Club restaurant and adjacent to the Kalamazoo International Airport guarantees significant traffic counts and a strong customer base. The B-3 zoning allows for a variety of commercial and industrial uses, making it ideal for businesses seeking high-traffic exposure. Currently, two vacant houses are situated on the property, ready for demolition, clearing the way for immediate development. The asking price for this exceptional investment opportunity is $800,000. This site is perfectly suited for a gas station, convenience store, or quick-service restaurant (QSR), among other possibilities. Don't miss this chance to acquire a highly visible and strategically located property in a thriving area. Contact us today to learn more.
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
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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.