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5010 S Drake Rd - WMU BTR PARK 2 - KALAMAZOO, MI 5.14 Acres of Commercial Land Offered at $375,000 in Kalamazoo, MI 49009
INVESTMENT HIGHLIGHTS
- 5.14-acre parcel available in Phase 2 of Western Michigan University’s renowned Business Technology and Research Park (BTR) in Kalamazoo
- Adjacent to BTR 1, a fully occupied, 256-acre high-tech business development
- Sale subject to approval of intended use, plans and specifications by WMU, Oshtemo Township and the US EDA
- Site condo located on a 55-acre site between S. Drake Rd. and US-131, just north of Parkview Ave.
- Access to electric, natural gas and City of Kalamazoo water/sewer
EXECUTIVE SUMMARY
WMU BTR PARK 2.0 DEVELOPMENT OPPORTUNITY: 5.14-acre site condo available in Phase 2 of Western Michigan University’s renowned Business Technology and Research Park in Kalamazoo. Located adjacent to the fully occupied BTR 1, this site is situated along US-131 on Drake Road, just north of Parkview Avenue. Subject to a Master Deed, property is zoned BRP – Business and Research Park in Oshtemo Township and offers access to electric, natural gas and City of Kalamazoo water/sewer. Parcel dimensions are approximate and may vary based on buyer’s needs. Sale subject to approval of intended use, plans and specifications by WMU, Oshtemo Township and the United States Economic Development Administration (EDA). Final opportunity to join Ascension Borgess, Bronson and Faraday Defense in this new 55-acre development!
Prohibited uses include, but are not limited to, investment property, residential or overnight purpose and food. Private sector firms located at the Park are recruited from three key business sectors - Advanced Engineering, Life Science and Information Technology. Offers must include detailed letter from prospective Buyer describing use and job creation.
Prohibited uses include, but are not limited to, investment property, residential or overnight purpose and food. Private sector firms located at the Park are recruited from three key business sectors - Advanced Engineering, Life Science and Information Technology. Offers must include detailed letter from prospective Buyer describing use and job creation.
PROPERTY FACTS
| Price | $375,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Research and Development |
| No. Lots | 1 | Total Lot Size | 5.14 AC |
| Property Type | Land | ||
| Zoning | BRP | ||
| Price | $375,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Research and Development |
| Total Lot Size | 5.14 AC |
| Zoning | BRP |
1 LOT AVAILABLE
Lot 5
| Price | $375,000 | Lot Size | 5.14 AC |
| Price Per AC | $72,957.20 |
| Price | $375,000 |
| Price Per AC | $72,957.20 |
| Lot Size | 5.14 AC |
DESCRIPTION
Site condo located on a 55-acre site between S. Drake Road and US-131, just north of Parkview Avenue.
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5010 S Drake Rd - WMU BTR PARK 2 - KALAMAZOO, MI
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