Commercial Land - For Sale
5010 South Drake Road Kalamazoo, MI 49009
Details & Description
Call for Pricing
  • Property Type Land for Sale : Mixed Use Land
  • Lot Size Acres 15.700
  • Land Sq Ft 683,892
WMU BTR PARK 2.0 DEVELOPMENT OPPORTUNITY: Up to 16 acres now available in Phase 2 of Western Michigan University’s renowned Business Technology and Research Park in Kalamazoo. Located adjacent to the fully occupied BTR 1, these site condos are situated along US-131 on Drake Road, just north of Parkview Avenue. Subject to a Master Deed, property is zoned BRP – Business and Research Park in Oshtemo Township and offers access to electric, natural gas and City of Kalamazoo water/sewer. Parcel dimensions are approximate and may vary based on buyer’s needs. All sales subject to WMU’s approval of intended use, plans and specifications.Pcl 1 - 3 Acres at $250,000Pcl 2 - 3 Acres at $250,000Pcl 3 - 6 Acres at $450,000 (Pcl 1 & 2 combined)Pcl 4 - 4.5 Acres at $350,000Pcl 5 - 5 Acres at $375,000Pcl 6 - 10 Acres at $650,000 (Pcl 4 & 5 combined)Pcl 7 - 15.7 Acres at $975,000 (All parcels combined)
Listing Agents
Jodi Milks
NAI Wisinski of West Michigan
O: 269-459-0439
M: 269-207-1040
jodim@naiwwm.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

5010 South Drake Road

Kalamazoo, MI 49009

Listing ID: 230951
Call for Pricing
For Sale
  • Property Type Land for Sale : Mixed Use Land
  • Lot Size Acres 15.700
  • Land Sq Ft 683,892
Description

WMU BTR PARK 2.0 DEVELOPMENT OPPORTUNITY: Up to 16 acres now available in Phase 2 of Western Michigan University’s renowned Business Technology and Research Park in Kalamazoo. Located adjacent to the fully occupied BTR 1, these site condos are situated along US-131 on Drake Road, just north of Parkview Avenue. Subject to a Master Deed, property is zoned BRP – Business and Research Park in Oshtemo Township and offers access to electric, natural gas and City of Kalamazoo water/sewer. Parcel dimensions are approximate and may vary based on buyer’s needs. All sales subject to WMU’s approval of intended use, plans and specifications.

Pcl 1 - 3 Acres at $250,000

Pcl 2 - 3 Acres at $250,000

Pcl 3 - 6 Acres at $450,000 (Pcl 1 & 2 combined)

Pcl 4 - 4.5 Acres at $350,000

Pcl 5 - 5 Acres at $375,000

Pcl 6 - 10 Acres at $650,000 (Pcl 4 & 5 combined)

Pcl 7 - 15.7 Acres at $975,000 (All parcels combined)

Listing Demographics for 5010 South Drake Road Kalamazoo, MI 49009

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,59264,685140,863
Population Median Age383536
Population by Age0-9 Yrs821 (14%)6497 (10%)15730 (11%)
10-19 Yrs395 (7%)8685 (13%)18695 (13%)
20-29 Yrs1382 (24%)20257 (31%)34739 (24%)
30-39 Yrs729 (13%)6610 (10%)16277 (11%)
40-49 Yrs449 (8%)6029 (9%)15363 (10%)
50-59 Yrs499 (8%)5138 (7%)13594 (9%)
60-69 Yrs553 (9%)5571 (8%)13361 (9%)
70+ Yrs764 (13%)5899 (9%)13104 (9%)
Median HH Income$39,466$47,552$50,261
Total Household Income< 24K705 (26%)6409 (24%)13411 (23%)
25-49K1010 (38%)6938 (27%)14807 (26%)
50-74K351 (13%)4030 (15%)9659 (17%)
75-99K173 (6%)2775 (10%)6159 (10%)
100-199K288 (10%)4309 (16%)9730 (17%)
200K+93 (3%)1193 (4%)2910 (5%)
Highest Education LevelNo Diploma35718125737
Diploma or GED689567715396
Some College736688418300
Assoc. Degree39927727179
Bachelors Degree809979220768
Higher Degree719759915841
Total Housing Units2,97028,39862,030
--Owner-Occupied90312,14129,692
--Renter-Occupied1,71613,51226,984
Owner-Occupied Values< 100K20824947572
100-199K379482012015
200-299K23532186064
300-399K427541728
400-499K214471141
500K+194081172
Total Working Age Population4,54954,982115,934
In Work Force2,92537,12477,796
Not In Work Force1,62517,85838,138
Workforce Employed2,60334,73672,921
Workforce Unemployed3212,3744,783
Civlian Workforce2,92537,11077,704
Military Workforce01591
Total Households2,62025,65456,676
Family Households1,24112,24929,224
Non-Family Households1,37813,40427,452
Married Couple8088,94820,749
Other Family4343,3018,475
Married w/Child3043,5598,345
Single Male w/Child615221,356
Single Female w/Child2181,5333,788

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Kalamazoo County238,603+5250,331+7267,738+8290,091

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Listing Agent
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