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Property profile & analytics
FOR SALE
Drive through restaurants

6697 Broadmoor Ave SE Caledonia, MI 49316

4,128 SF 2.31 ac lot
Entity Owned 5-yr Hold Free & Clear
Property ID
US43-1882013
6697 Broadmoor Ave SE, Caledonia, MI 49316 For Sale
$685,750 4,128 SF
6697 Broadmoor Ave SE, Caledonia, MI 49316
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Property summary
AI-generated overview

This exceptional 2.18-acre commercial land parcel presents a compelling investment opportunity in Caledonia, Michigan. Located at 6697 Broadmoor Ave SE, this property boasts a highly desirable Highway Commercial zoning designation (Future Land Use), perfectly positioned to capitalize on the area's rapid growth. The site is strategically situated just off the M-6 interchange, a key location experiencing significant development. Recent additions to the area include two new hotels, the Switch campus, and a fully operational Amazon distribution center, underscoring the burgeoning commercial activity. Further fueling this growth are new apartment complexes, retail developments, a recently opened Meijer, and a Circle K gas station, with additional restaurants planned. Priced at $685,750, or $325,000 per acre, this is the last remaining parcel of this size in the immediate area, making it a rare and valuable asset for developers and investors seeking a prime location with exceptional future potential. The property's 49316 zip code and Kent County location provide easy access to major transportation routes and a thriving local market. This is an unparalleled chance to secure a foothold in a rapidly expanding commercial corridor. The land is ready for immediate development, offering significant returns for those seeking a high-growth investment.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 4,128 SF
Lot 2.31 ac (100,624 SF)
Zoning code R1
APN 41-23-06-451-043
UPID US43-1882013
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
  • Culvers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kba Caledonia LLC · 5 yrs held
Kba Caledonia LLC
since 2021
2 recorded transactions
2021
Price N/A
2021
Price N/A
Zoning & alternative use
R1 · Caledonia, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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