6500 Lovers LnPortage, MI 49002

  • Land
  • 7.90 AC
For Sale
$249,000 View listing

Property Details for 6500 Lovers Ln

Lot size
7.90 AC
Zone code
I-1
Property type
Land
Property subtype
Other industrial land
APN
10-00010-280-O
APU
1000010280O

Description

This exceptional 12.55-acre industrial land parcel in Portage, Michigan, is offered at $249,000 ($6/acre). Zoned I-1 for light industrial use, this property boasts a prime location, offering excellent access and visibility. Situated on Lovers Lane, it's conveniently located near the I-94 interchange (approximately 1.7 miles from the Southwestnedge interchange and 2.7 miles from the Portage Road interchange). The property's strategic position across from the new Stryker Headquarters further enhances its appeal. The sale includes 6510 Lovers Lane, adding to the overall acreage. This represents a rare opportunity in a limited industrial land market, ideal for users or developers seeking a well-situated and sizable parcel. The estimated usable acreage is 6.0 acres within the I-1 zoning. The property's address is 6500 Lovers Ln, Portage, MI 49002, and is located in Kalamazoo County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $74,083,152
    Hospitality
    $67,859,768
    Educational
    $56,458,532
    Medical
    $58,400,228
    Retail
    $87,824,384
6500 Lovers Ln, Portage, Michigan

Location Insight

City
Portage
County
Kalamazoo
State
Michigan
Latitude
42.2222
Longitude
-85.5762
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$1,585
-
-
$154,900
-
-
-
$309,800

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