4 years on rocket

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

$375,000

5.14 Acres
Land
Schools Nearby

Location

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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

School Info

Assigned Schools Information:

  • Kalamazoo Central High School, Public District Grades 9-12
  • Hillside Middle School, Public District Grades 6-8
  • Northglade Montessori School, Public Magnet Grades PK-5

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

$220.1K

Med. Price/SqFt

$168

Avg. Days On Market

39

# of Sold Homes

116

5010 S Drake Rd Unit 4 vs Kalamazoo

1509 DAYS ON ROCKET

+1470 Days

$375,000

+$154.8K More

KEY TAKEAWAY

This property is $154.8K 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: 4/28/2024, 11:20:21 AM 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

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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.

Elementary School

school-card-donut-2168121
6
/10
  • Northglade Montessori School

  • 1914 Cobb Ave

  • 2.86 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2168122
2
/10
  • Hillside Middle School

  • 1941 Alamo Ave

  • 2.17 miles

  • Public District Grades 6-8

High School

school-card-donut-2168123
5
/10
  • Kalamazoo Central High School

  • 2432 N Drake Rd

  • 0.68 miles

  • Public District Grades 9-12

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. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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.

What are the assigned schools for this property?

The assigned schools for 5010 S Drake Rd Unit 4 are:
Northglade Montessori School: GreatSchools Rating 6/10
Hillside Middle School: GreatSchools Rating 2/10
Kalamazoo Central High School: GreatSchools Rating 5/10

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.

While more than 30 listings in Kalamazoo, MI in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 63 were sold below. The inventory of homes for sale in Kalamazoo, MI between February 2024 and March 2024 increased by 7.9%. The median list price of listings available in March 2024 was $220,100, while the average time on the real estate market was 39 days.

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

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