Property profile

8350 Shaver Rd Portage, MI 49024

OFF-MARKET
Commercial real estate
Property ID
US43-2150718
33.79 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 0.86-acre commercial land parcel presents a unique investment opportunity in Portage, Michigan. Located at 8350 Shaver Road, the property boasts unparalleled visibility from Shaver Road, a major thoroughfare with over 19,000 vehicles passing daily. Its strategic location offers significant advantages, situated amidst a high-density residential population to the north, east, and west, while also benefiting from the regional draw to the south. This prime location is part of a strong regional retail corridor characterized by high occupancy rates and consistent demand, making it ideal for a variety of commercial developments. The property is classified as commercial land and is situated in Kalamazoo County, Michigan, with a zip code of 49024. The site's geographic coordinates are 42.19484509 latitude and -85.59649993 longitude. This exceptional location and high traffic count make this a truly remarkable opportunity for businesses seeking maximum exposure and accessibility. The property's size and location offer significant potential for development and strong return on investment. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving retail area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 33.79 ac (1,471,892 SF)
APN 10-00021-181-B
UPID US43-2150718

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8350 Shaver Rd Portage, MI 49024-5441
Portage metro Census 2002 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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