#24047431, John Ferlaak, Listing office: Bosgraaf Properties of Michigan LLC
Property details
About 5195 Lake Michigan Dr
Exceptional opportunity to own a highly visible, high-traffic parcel of land in the heart of Allendale. Located on Lake Michigan Drive with easy access and excellent exposure, this versatile property offers endless possibilities for development. Just minutes from Grand Valley State University and surrounded by thriving restaurants, shopping centers, and growing residential neighborhoods, it's an ideal location for commercial ventures such as storage units, retail space, office buildings, or mixed-use development. Zoned for a wide range of uses, this lot is perfect for investors and developers looking to capitalize on Allendale's ongoing growth. With consistent traffic flow and proximity to key amenities, this is a rare find in a rapidly expanding corridor. Don't miss your chance to turn this blank canvas into your next successful project! Buyer and buyer's agent to verify all information.
Highlights
Home typeBusiness
StatusActive
Lot size1.34 Acres
MLS #25024323
Virtual tour
Summary
- List Price: $249,900
- Annual Tax Amount: $3,045
- Tax Year: 2024
- Directions: 5195 Lake Michigan Dr West of Grand Valley State College.
- Lot Size: 1.34 Acres
- MLS Number: 25024323
- Office Name: Nexes Realty Muskegon
- Office Phone: (231) 739-3501
- Office Email: bill@nexesrealty.com
- Listing Agent: Blake Evans, Thomas Blake
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 2025 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: 7/25/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 25, 2023 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $149,200 | $3,045 |
| 2023 | $170,500 | $- |
History based on county public records data.
Nearby schools
8
Evergreen Elementary School
Public District PK-3
2.6 mi
•10690 Learning Ln
5
Oakwood Intermediate School
Public District KG-5
2.8 mi
•10505 Learning Ln
9
Bauer Elementary School
Public District PK-5
3.9 mi
•8136 48th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,054. Typical income of Allendale, MI residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
25%
<35k
55%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
56%
18-34 yrs old
20%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Soccer
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Old Navy
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Jimmy Johns
What do the neighbors drive?
Ford
Kia
GMC
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 5195 Lake Michigan Dr
The listing price of 5195 Lake Michigan Dr property is $249,900.
The property 5195 Lake Michigan Dr is land located in Allendale, Michigan, 49401.
Active Listing: 5195 Lake Michigan Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5195 Lake Michigan Dr are: Evergreen Elementary School (GreatSchools Rating 8/10), Oakwood Intermediate School (GreatSchools Rating 5/10), Bauer Elementary School (GreatSchools Rating 9/10), Allendale Middle School (GreatSchools Rating 6/10), Baldwin Street Middle School (GreatSchools Rating 9/10), Jenison Junior High School (GreatSchools Rating 8/10), Allendale High School (GreatSchools Rating 7/10), New Options High School (GreatSchools Rating 3/10), Jenison High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,045 (source: MLS/based on county public records data).
The last sale was on May 25, 2023 for $190,000 (source: MLS/tax record).
The property 5195 Lake Michigan Dr is 1.34 acres.
This home is located at 5195 Lake Michigan Dr in Allendale, MI and zip code 49401. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $249,900.
In June 2025, from all listings sold in Allendale, MI there were more than 6 sold above asking price, over 6 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Allendale, MI between May and June 2025 increased by 15%. In June 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $420,000.
From Rocket Homes Real Estate and based on county public records data.