4 years on rocket

5010 S Drake Rd Unit 4, Kalamazoo, MI, 49009

$375,000

5.14 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #20009203
Lot Size5.14 Acres
StatusActive

About 5010 S Drake Rd Unit 4

WMU BTR PARK 2.0 DEVELOPMENT OPPORTUNITY: 5.14-acre site condo 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, this site is 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. Sale subject to approval of intended use, plans and specifications by WMU, Oshtemo Township and the United States Economic Development Administration (EDA). Final opportunity to join Ascension Borgess, Bronson and Faraday Defense in this new 55- acre development!

Property Details

Property Features

Listing Office:

  • Office Name: NAI Wisinski of West Michigan
  • Office Phone: (269) 353-0311
  • Listing Agent: Jodi K Milks

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 5.14 Acres

Other

Directions Information:

  • Directions: Northwest corner of S. Drake Road and Parkview Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

5010 S Drake Rd Unit 4 vs Kalamazoo

1743 DAYS ON ROCKET

+1721 Days

$375,000

+$144.6K More

KEY TAKEAWAY

This property is $144.6K more than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #20009203

Listing Office:

  • Office Name: NAI Wisinski of West Michigan
  • Office Phone: (269) 353-0311
  • Listing Agent: Jodi K Milks

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4355353
4
/10
  • Indian Prairie Elementary School

  • 3546 Grand Prairie Rd

  • 1.16 miles

  • Public District Grades PK-3

school-card-donut-4355354
4
/10
  • King - Westwood Elementary School

  • 1100 Nichols Rd

  • 1.89 miles

  • Public District Grades KG-5

school-card-donut-4355355
7
/10
  • Parchment Northwood Elementary School

  • 600 Edison St

  • 2.76 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,422. The majority of Kalamazoo, MI residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Kalamazoo, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Kalamazoo, MI.

Kalamazoo's housing market is diverse, offering a mix of architectural styles that cater to a range of preferences. Single-family homes are prevalent, with a significant portion featuring historic Victorian and Craftsman designs, reflecting the city's rich architectural heritage. The market also includes modern condominiums and apartments, providing options for those seeking urban living. The homeownership rate in Kalamazoo is robust, with a healthy balance between owners and renters in the community.

What is it like to live in Kalamazoo, MI?

Kalamazoo prides itself on being a vibrant and culturally rich community, with a strong emphasis on education and the arts. The city is celebrated for its annual events such as the Kalamazoo Animation Festival International and the Kalamazoo Blues Festival, which showcase the community's artistic spirit and collective values. The presence of Western Michigan University adds a youthful energy to the city, fostering an environment of innovation and learning.

Is it easy to get around Kalamazoo, MI without a car?

The community benefits from a solid educational system, including a number of public and private schools that cater to various educational needs, as well as higher education institutions like Western Michigan University and Kalamazoo College. Healthcare services are comprehensive, with several hospitals and clinics offering a range of medical services from primary care to specialized treatments. The public library system is well-developed, and the city's retail and dining scenes reflect the local culture, with an emphasis on farm-to-table restaurants and locally-owned shops.

Transportation in Kalamazoo, MI.

Kalamazoo features a reliable public transportation system with buses running on a regular schedule, facilitating easy access across the city. While ride-sharing services are available, the city also promotes walkability, particularly in the downtown area which is designed to be pedestrian-friendly. The city is well-connected by major roads and highways, including I-94 and US-131, which support commuting and regional travel. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to public transit and road infrastructure.

Frequently Asked Questions About 5010 S Drake Rd Unit 4

What is the listing price of this property?

The listing price of 5010 S Drake Rd Unit 4 property is $375,000.

What type of property is this?

The property 5010 S Drake Rd Unit 4 is land located in Kalamazoo, Michigan, 49009.

Is this property for sale now?

Active Listing: 5010 S Drake Rd Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5010 S Drake Rd Unit 4 is 5.14 acres.
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Rocket HomesMichiganKalamazoo CountyKalamazoo490095010 S Drake Rd Unit 4

This home is located at 5010 S Drake Rd Unit 4 in Kalamazoo, MI and zip code 49009. This home sits on a 5.14 acre lot. It has been listed on Rocket Homes since March 10, 2020 and is currently priced at $375,000.

Over 25 listings were sold over their listed price in November 2024 in Kalamazoo, MI. In the same period over 67 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Kalamazoo, MI between October 2024 and November 2024 decreased by 4%. Listings spent 22 days on the market in November 2024, and had a median list price of $230,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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