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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    7313 Westnedge Ave, Portage, MI 49002-4210

    8.52 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US43-2091546
    Property summary
    AI-generated overview

    This exceptional 8.63-acre commercial land parcel presents a unique investment opportunity in Portage, Michigan. Located at 7313 S Westnedge Ave (APN 391000015110O), this property boasts a prime location on a hard corner with a traffic light, ensuring maximum visibility and accessibility. Zoned R-1A, it's ideally suited for a variety of commercial developments, including big box retail or mixed-use projects. The site benefits from high traffic counts and exceptional visibility along South Westnedge Avenue, a highly desirable retail corridor in Southwest Michigan. This is a rare opportunity, as this is the last remaining significant undeveloped retail plot on this stretch. The property's proximity to Celery Flats park adds further appeal, offering potential for creative development concepts that leverage the nearby green space. Offered for the first time ever by the original owners, this property represents a generational opportunity for significant commercial development. The property's size and location make it an attractive investment for developers seeking a high-impact site in a thriving area. Detailed traffic counts are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 8.52 ac (371,131 SF)
    APN 10-00015-110-O
    UPID US43-2091546
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    John E Schram · 2 yrs held
    John E Schram
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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