Development Site in Richland

Vacant Land for Sale
Catylist Listing ID: 30325065
Property Subtypes: Industrial, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 11.54 Acres
Sale Price: $615,000
Unit Price: $53,292 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

Rare opportunity to purchase +/-11.54 acre development site along 32nd Street in desirable Richland/Gull Lake School District. The property is zoned R-1 with a future land use of Village Core & Medium to High Density Residential. Attractive location for assisted living, multi-family, or office development (subject to zoning approvals). Offers the possibility of two ingress/egress points along 32nd Street, and is walking or short driving distance to numerous amenities including: Harding's Friendly Grocery, Richland Village Drug Store, Richland Meat Center, Liz Parkview Café, & Richland Community Library. Note: House on north parcel and +/- 0.86 acres excluded from sale. Sale subject to land split approval.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Richland Township
Tax ID/APN: 03-23-110-052 & 03-23-110-011
Zoning: R-1
Property Located Between: E D Ave (M-89) & Richland Woods Drive
Property Visibility: Excellent
Traffic/Vehicle Count: 5,020
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,539 7,600 29,698
Median Age: 45.65 40.76 39.54
Households: 625 2,966 12,109


Photograph of Listing Agent

Kara Schroer

NAI Wisinski of West Michigan
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.