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5159 E Cork St - 5159 - 5185 E Cork St 12.4 Acres of Commercial Land Offered at $2,750,000 in Kalamazoo, MI 49048

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INVESTMENT HIGHLIGHTS

  • Prime visibility with high traffic counts
  • New development
  • Next to Hotel users

EXECUTIVE SUMMARY

Cork C: 5 Acres @ $1,075,000
Cork B: 3.2 Acres @ $688,000
Cork A: 1.6 Acres @ $344,000
Highway C: 4.2 Acres @ $1,260,000
Highway B: 2.8 Acres @ $840,000
Highway A: 1.4 Acres @ $420,00
Total 12.4 Acres @ $2,750,000
All splits to be verified.

Between I-94 & Old Cork

PROPERTY FACTS

Price $2,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Hospitality
Total Lot Size 12.40 AC
Zoning B-3

1 LOT AVAILABLE

Lot

Price $2,750,000
Price Per AC $221,774.19
Lot Size 12.40 AC

Retail or Office use - Combination of all parcels.

DESCRIPTION

This 12.40 Acre parcel is one of a kind! The lone remaining undeveloped commercial parcel in Kalamazoo County on the most trafficked Interstate in Michigan, I-94. Immense frontage on the Interstate would provide any user, developer, operator, incredible exposure to approx. 50,000 to 68,000 cars per day depending on direction. Easy access off Cork Street affords any future Owner easy egress and ingress to and from the highway. All utilities available from Cork Street. Owner will divide or create a site condominium. Cost of infrastructure if split on the highway TBD. Cork C: 5 Acres @ $1,075,000 Cork B: 3.2 Acres @ $688,000 Cork A: 1.6 Acres @ $344,000 Highway C: 4.2 Acres @ $1,260,000 Highway B: 2.8 Acres @ $840,000 Highway A: 1.4 Acres @ $420,00 Total 12.4 Acres @ $2,750,000 All splits to be verified.

  • Listing ID: 15751516

  • Date on Market: 4/16/2019

  • Last Updated:

  • Address: 5159 E Cork St, Kalamazoo, MI 49048

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