Sale Price: $576,000
Property Type: Multifamily Land
Gross Land Area: 11.82 Acres
Price per acre: $48,731
Click to download the marketing flyer for
4624 Walma Avenue SE Land.
The Future Land use recommendation for this site is low density residential, up to 4 units per acre. The current RPUD-1 High Density Residential Planned unit Development zoning makes provision for Senior Housing with an allowable density up to 32 units per acre. This site may be idea for market rate or affordable senior independent living development options.
The land is in the City of Kentwood next to the Police Department, and walking distance to the Kentwood District Library, City Hall and Fire Department. Walgreens, Family Fare Foods and the unique Horrock’s Market are all just a short distance from the site.
Strong demographics- strong population density and median household income.
Nearby Crestwood School – part of the Kentwood School System.
Only a nine-minute drive to two of the area’s largest regional malls; Woodland and the Shops at Center Point.