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- LoopNet Team
5090 Division Ave S
Kentwood, MI 49548
Land For Sale
·
11.47 AC

INVESTMENT HIGHLIGHTS
- Form Base Code Zoning - Mainly
- Development Land
- Apartments Permitted
- Growing Area
PROPERTY FACTS
DESCRIPTION
DEVELOPMENT LAND MIANLY IN NEW FORM BASE CODE IN KENTWOOD ALLOWING AN ARRAY OF DIFFERENT USES INCLUDING APARTMENTS! This 11.47 Acre parcel located on Division Ave just South of 52nd/54th Street is prime re-development ground for an array of different uses. The NEW Form Base Code allows for many advantages that are less restrictive than other zoning codes in Kentwood. With the Silver Line Bus already running by the property the City is looking to have new development take place which allows developers the ideal setting to conceptualize something great with what looks to be a more willing City to want to see a good development go through. Their also could be funds available through the grant coming through to also help developers along the Silver Line route and this property is on that route. The City specifically has already been working on a conceptual plan for the subject parcel of ground with their engineers/architects that would allow 234 apartment units in the development. This is a project that already has traction with the City and just waiting for the right developer to continue the process and take lead! The Division Avenue Corridor is in the prime of redevelopment that has been further established by the Silver Line, Home Depot, Wal Mart in the area. Also nearby is Big Lots, Midway RV Center and many more! The property also currently has a 1,936 sq. ft. building currently being used as auto sales. There is the potential if developer is not interested this could be split out of the parcel and remain with the owner. Talk to the agent about further details concerning this option.
PROPERTY TAXES
| Parcel Number | 41-18-30-351-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,519,800 |
PROPERTY TAXES
Listing ID: 15999399
Date on Market: 5/9/2019
Last Updated:
Address: 5090 Division Ave S, Kentwood, MI 49548
The Land Property at 5090 Division Ave S, Kentwood, MI 49548 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
