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Property profile & analytics
OFF-MARKET
Commercial real estate

5845 Portage Rd Portage, MI 49002

3.03 ac lot
Property ID
US43-2458040
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 3.03 ac (131,987 SF)
APN 391009240004O & 391009240005O
UPID US43-2458040
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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