2 months on rocket

Red Arrow Hwy, Paw Paw, MI, 49079

$1,275,000

7.20 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #24051354
Lot Size7.20 Acres
StatusActive

About Red Arrow Hwy

LAND DEVELOPMENT / BUSINESS USE / PERSONAL ESTATE - Discover the most extraordinary and exciting land development opportunity Antwerp Twp and the surrounding Mattawan and Paw Paw communities have seen in many years. 17+/- acres of picturesque rural landscape is ideally located along the high-traffic corridor of Red Arrow Hwy between Kalamazoo and Paw Paw. Zoning includes General Commercial (GC), Rural Estate Residential (R-1), Agricultural (AG) and Open Space Residential. The Commercial Corridor Overlay (CO) also complements and benefits development potential. Properties are also available for personal use. A third 1.43-acre parcel with a 3bed, 2bath, 1440sf ranch style house and an additional 1500sf pole building may also be available to purchase separately. RESIDENTIAL OPTION - Build the Kind of Homes Dreams Are Made Of An expansive flat canvass, a tranquil country setting, cleaner air, the convenience of easy access to major thoroughfares and urban centers, top-rated schools and lower costs of living... This is where dreams come true and why so many people discover and love rural life. Now imagine if a quaint café and market and resort-style amenities were introduced in the vision... It's more than just maximizing revenue; it's about redefining rural living and unlocking the full potential of this extraordinary opportunity. With an emphasis on craftsmanship and quality, no home style is more fitting to maintain continuity with the surrounding landscape than the classic elements and timeless appeal of the aesthetically pleasing modern farmhouse. From inviting spaces exuding warmth and coziness to its emphasis on functionality and practicality, each element of the modern farmhouse caters to the needs of contemporary living. COMMERCIAL OPTION - Prime Location for Business on a Main Corridor Large Warehouse Building - An 8,000sf +/- warehouse building features two bathrooms, a 175sf second-floor storage/office space, four 14' x 14' insulated overhead doors, and two service doors. One overhead door is automated w/ remote. Floor is 6'' reinforced concrete. Electric is 200 amp service. Natural gas is available but is not connected. Well is new in 2019. Septic is original but seldom ever used. Consumers Energy services the natural gas supply and Michigan/Indiana Power Company services electric. Electric baseboard heat is available in the bathrooms and second floor storage/office. Small Storage Building - At first glance, this nondescript 720sf +/- storage building might not make you fall in love, but imagine the possibilities, tremendous potential and opportunity to transform this prominent corner into the new local 'go to'. What would it feel like to elevate people's daily lives into a routine that develops deeper meaning and significance? "Red Arrow Café & Marketplace" could become the talk of the town and a favourite morning and weekend ritual. With an annual average daily traffic volume (AADT) of over 9000 (2022 study), this opportunity offers high visibility and accessibility, making it an attractive prospect for both residential development and limited commercial ventures. LOCATION & COMMUNITY The Paw Paw and Mattawan communities offer a unique blend of natural beauty, rich history, and vibrant community spirit that appeals to prospective buyers seeking a desirable small-town lifestyle. Here are some enticing features and attractions: Wineries and Vineyards: Paw Paw is renowned for its flourishing wine industry, boasting numerous wineries and vineyards that offer wine tastings, tours, and scenic views of the countryside. The area's fertile soil and favorable climate contribute to the production of high-quality wines, making it a haven for wine enthusiasts. Outdoor Recreation: Nature lovers will delight in the abundance of outdoor recreational opportunities available in the Paw Paw and Mattawan area. From hiking and biking trails to fishing and boating on the nearby lakes and rivers, there's no shortage of ways to explore the great outdoors and enjoy the natural beauty of the region. Small-Town Charm: With its quaint downtown area, charming shops, and local eateries, Paw Paw exudes small-town charm and hospitality. Residents can enjoy a relaxed pace of life while still having access to essential amenities and services. Excellent Schools: Families considering a move to the Paw Paw and Mattawan area will appreciate the excellent school districts, which are known for their quality education and extracurricular offerings. Mattawan Consolidated School, in particular, has a reputation for academic excellence and a strong sense of community. Community Events and Festivals: Throughout the year, the Paw Paw and Mattawan area hosts a variety of community events and festivals that celebrate the local culture, heritage, and traditions. From summer concerts in the park to fall harvest festivals, there's always something happening. Proximity to Kalamazoo: The Paw Paw and Mattawan area's close proximity to the city of Kalamazoo provides residents with easy access to additional amenities, including shopping centers, restaurants, cultural attractions, and higher education institutions such as Western Michigan University, K-College and Kalamazoo Community College. ZONING & PARCEL DESCRIPTIONS Zoning includes a cross section of General Commercial (GC), Rural Estate Residential (R-1), Agricultural (AG) and Open Space Residential. The Commercial Corridor Overlay (CO) also complements and benefits development potential. PROPERTY TO BE SOLD IN ITS ENTIRETY. Sale represents two parcels: 80-02-010-007-20 and 80-02-010-006-01. A third parcel, 80-02-010-007-40 (27849 Red Arrow Hwy) may be available to purchase separately. 006-01 - Red Arrow Hwy Vacant Land. Apx. 7.77 acres zoned Agriculture (AG) and Open Space Residential. Because of direct access to Red Arrow Hwy, the Commercial Overlay (C-OVRLY) district also applies. Apx. 135' on Red Arrow Highway. 007-20 - 52117 CR 657. Apx. 9.7 acres partially zoned General Commercial (GC) and partially zoned Rural Estate Residential (R-1). Includes large pole building and the small white building on the corner. Apx. 547' combined road frontage on CR 657 and Red Arrow Hwy. 007-40 - 27849 Red Arrow Hwy. Apx. 1.43A parcel includes a 3bed, 2bath, 1440sf ranch style house and apx. 1500sf (30x50) pole building. Apx. 130' on Red Arrow Highway. 019-00 - The Rumbaugh Triangle. Affectionately branded with the moniker 'Rumbaugh Triangle' because this approximate two-acre triangle sliver on the South side of Red Arrow Hwy is the southern-most portion of a larger parcel on the north side of Red Arrow Hwy owned by the Rumbaugh family. NOTE: This triangle is NOT owned by the same owners and is NOT included in the subject property sale. Note: Per VBCRC, a new commercial driveway permit may/will be required for new owners and for any driveway(s) established on Red Arrow Hwy. DISCLAIMER: SITE PLANS, RENDERINGS AND IMAGES ARE FOR CONCEPTUAL, ILLUSTRATIVE AND MARKETING PURPOSES ONLY. The purchase and sale does not include any structure represented in rendering images other than those presently physically on the property and all buildings are being sold in their as is condition and location. No improvements, modifications or development of any kind will be performed by sellers. All construction, ideas and concepts shown and those to be considered by prospective buyers are subject to local and state regulations and approval from all other relevant regulatory agencies. Buyer is solely responsible for determining suitability for fitness and for any specific or intended use. No warranty or guarantee is expressed or implied. Buyer is responsible for all permits, processes, approvals, code reviews, civil engineering, environmental and geotechnical reviews. Road front measurements are approximated from GIS. All information is to be verified by buyers and/or buyers agent to buyers' satisfaction. Nothing contained herein constitutes a binding offer, contract, representation, warranty, or commitment of any kind. All measurements, dimensions, or descriptions provided are approximate and may vary from the actual site conditions. Prospective buyers, investors, or any other parties are advised to conduct their own independent investigations, assessments, and due diligence regarding the suitability, feasibility, and legality of any potential development of the subject parcels. The creators, developers, agents, affiliates, real estate brokers and agents, and property owners associated with the conceptual site plans and renderings disclaim any and all liability for reliance on the information contained herein. By accessing or using the conceptual site plans or renderings, you agree to release and hold harmless the creators, developers, agents, affiliates, real estate brokers and agents, and property owners from any claims, damages, losses, or liabilities arising from or related to the use of the information provided. This disclaimer shall be governed by and construed in accordance with the laws of the State of Michigan. ***SALE INCLUDES TWO PARCELS: 006-01 (this listing) and 007-20 (MLS# 24051355). WILL NOT SPLIT. No surveying has been completed. No sign on property. NOTE: Community Planner, David Jirousek, is available to answer any questions about specific use and can be reached at 616-540-1794.

Property Details

Property Features

Listing Office:

  • Office Name: Advanced Realty Global
  • Office Phone: (269) 381-4200
  • Listing Agent: Jeff Leonard

Lot Features

Lot Information:

  • Lot: Level, Cleared, Farm
  • Lot Size: 7.20 Acres

Other

Directions Information:

  • Directions: Red Arrow Hwy East or West to property on South side of the road; Apx 500' East of CR 657.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
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Housing Market Comparison

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

Med. Sold Price

$270K

Med. Price/SqFt

$158

Avg. Days On Market

24

# of Sold Homes

8

Red Arrow Hwy vs Paw Paw

83 DAYS ON ROCKET

+59 Days

$1,275,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Paw Paw, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24051354

Listing Office:

  • Office Name: Advanced Realty Global
  • Office Phone: (269) 381-4200
  • Listing Agent: Jeff Leonard

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: 12/22/2024, 6:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 2015Home Sold
$136,017
Aug 04, 2015Home Sold
$140,000
Sep 08, 2008Home Sold
$160,000
Nov 28, 2007Home Sold
$220,000

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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-903254
5
/10
  • Paw Paw Later Elementary School

  • 612 W North St

  • 3.13 miles

  • Public District Grades 3-5

school-card-donut-903255
5
/10
  • Lawrence Elementary School

  • 714 W Saint Joseph St

  • 5.09 miles

  • Public District Grades KG-6

school-card-donut-903256
6
/10
  • Davis Elementary School

  • 409 N Phelps St

  • 6.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,622. Typical income of Paw Paw, MI residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Red Arrow Hwy

What is the listing price of this property?

The listing price of Red Arrow Hwy property is $1,275,000.

What type of property is this?

The property Red Arrow Hwy is land located in Paw Paw, Michigan, 49079.

Is this property for sale now?

Active Listing: Red Arrow Hwy is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on December 15, 2015 for $136,017. (source: MLS/tax record).

How much acreage is this property?

The property Red Arrow Hwy is 7.20 acres.
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Rocket HomesMichiganVan Buren CountyPaw Paw49079Red Arrow Hwy

This home is located at Red Arrow Hwy in Paw Paw, MI and zip code 49079. This home sits on a 7.20 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,275,000.

Paw Paw, MI housing market in November 2024 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The inventory of homes for sale in Paw Paw, MI between October 2024 and November 2024 decreased by 22%. The median list price of listings available in November 2024 was $270,000, while the average time on the real estate market was 24 days.

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

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