5225 Sprinkle RdPortage, MI 49002

  • Land
  • 7.40 AC
For Sale
$600,000 View listing

Property Details for 5225 Sprinkle Rd

Lot size
7.40 AC
Zone code
I-1
Property type
Land
Property subtype
Commercial land
APN
10-00001-012-O
APU
1000001012O

Description

This exceptional 7.4-acre parcel of land presents a prime opportunity for commercial development in Portage, Michigan. Located on Sprinkle Road, a high-traffic artery boasting an average daily traffic count of 22,223 vehicles, this property offers unparalleled visibility and accessibility. The land is zoned I-1 Light Industrial, allowing for a diverse range of uses, including but not limited to veterinary clinics, trade schools, contractor offices, laboratories, storage facilities, and various manufacturing operations. The site itself comprises approximately 2.9 acres of developable land, providing ample space for construction. Utilities are readily available, with water and sewer services already in place, simplifying the development process and reducing upfront costs. The property's location in Kalamazoo County, with its convenient access to major transportation routes, further enhances its appeal to a wide range of potential businesses. The parcel's APN is 39-10-00001-012-0. This is a rare opportunity to acquire a strategically located, well-zoned industrial land parcel in a thriving Michigan market. The asking price for this exceptional property is $600,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $69,394,344
    Hospitality
    $63,564,848
    Educational
    $52,885,208
    Medical
    $54,704,012
    Retail
    $82,265,880
5225 Sprinkle Rd, Portage, Michigan

Location Insight

City
Portage
County
Kalamazoo
State
Michigan
Latitude
42.2407
Longitude
-85.5348
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
$6,079
-
-
$193,400
-
-
-
$386,800

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