Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R1 · Caledonia, MIZoning
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