$995,000

Estimated payment $5,688/month

Total Views 21,000
3.71 Acres
$268,194 Price per Acre
161,608 Sq Ft Lot

About This Lot

3.71 acre retail/ restaurant outlot adjacent to Tanger. Information/highlights of the 84th st & US-131 retail location: Parcel D is located along 84th st within 1,000ft of US-131, between Kzoo and GR Previous lots have been developed and SOLD to the likes of Culvers, Valvoline oil Change, Sherwin Williams paint store, and Anna's House. This region has been reported by bombardier Corp. to be the highest traffic N/S freeway-per-capita of RV's East of the Mississippi. This piece is situated immediately west of the new Tanger Outlets Center, which attract approximately 4 million visitors per year. This location includes 500ft of road frontage on 84th st. Due to it's proximity to US-131 tis location will benefit from the ''southern draw'' effect that pulls 60k+ passerbys. 3.71 Acre Retail / Restaurant Outlot Adjacent Tanger
Summary Information/Highlights of the 84th Street & US-131 Retail Location: Parcel D is located along 84th street within 1,000ft of US-131, between Kalamazoo and Grand Rapids.

Previous lots have been developed and SOLD to the likes of Culvers, Qwick Oil Change, Sherwin Williams Paint Store, Morning Dew, Stan's Tacos.

This region has been reported by Bombardier Corp. to be the highest traffic N/S freeway-per-capita of RV's East of the Mississippi. This piece is situated immediately west of the new Tanger Outlet Center, which is projected to attract approximately 4,000,000 visitors per year.

This location includes 500ft of frontage on 84th street within 500ft of the new Tanger Outlet Center with high visibility from the freeway offramps. This property is positioned in the expanding Southern Retail Trade Area of Southern US-131 in Grand Rapids -- within two miles of the new M-6 Soutbeltline that connects the Eastern and Western portions of the region. This trade area has continued to grow despite state-wide population reduction. Moreover, the current population of this trade region totals approximately 146,000 people, far exceeding the other three retail trade areas around Grand Rapids. Due to its proximity to US-131, this location will benefit from the "Southern Draw" effect that pulls upwards of 60,000 passersby's. The Gun Lake Casino is based nearby, which brings in yet more visitors coming to an approximate total of 4,000,000. 18,951 AADT and US 131 - 66,726 AADT

Listing Agent

Brian Silvernail

VENTURE REAL ESTATE GROUP License #6501229897

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,062

Lot Details

  • 3.71 Acre Lot
  • Lot Dimensions are 395' x 500' x 265' x244' x254'
  • Property is zoned Commercial, Commercial

Property Details

Property Type

Land

Est. Annual Taxes

$2,062

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 995000.0
  • Waterfront: No

Utilities

  • Utilities: None

Lot Info

  • Lot Size Acres: 3.71
  • Lot Size Area: 3.71
  • Lot Dimensions: 395' x 500' x 265' x244' x254'
  • Lot Size Sq Ft: 161608.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2062.0
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 For Sale $995,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24006409

Southwestern Michigan Association of REALTORS®