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5035 Lake Michigan Dr - Ready to build Pad for Ground Lease 0.62 Acres of Commercial Land Offered at $475,000 in Allendale, MI 49401
Executive Summary
The land located at 5035 Lake Michigan Drive is .61-acre parcel on a prime retail strip in Allendale, MI. This parcel of land is situated near the Grand Valley State University campus, which had an overall enrollment of 22,269 students in the fall of 2023. Allendale is located between the Grand Rapids and Lakeshore markets, making this a very attractive opportunity for any incoming national retailer. Surrounding users consist of Culver’s, Dairy Queen, Taco Bell, McDonald’s, Arby’s, Domino’s, and many more.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Price | $475,000 | Lot Size | 0.62 AC |
| Price Per AC | $766,129.03 |
| Price | $475,000 |
| Price Per AC | $766,129.03 |
| Lot Size | 0.62 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 70-09-24-400-065 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $148,300 |
Property Taxes
Parcel Number
70-09-24-400-065
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$148,300
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5035 Lake Michigan Dr - Ready to build Pad for Ground Lease
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