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5731 Oakland Dr, Portage, MI, 49024

--beds
--baths
--sqft
$425,000
--price/sqft
$2,974/moest. monthly cost
$118,960/yrincome needed

About This Home

Exceptional opportunity to acquire a 0.47-acre commercially zoned development site strategically positioned along a highly traveled commercial corridor with outstanding visibility and convenient access. The property offers an ideal setting for retail, restaurant, office, medical, financial, or service-oriented development. The site is development-ready with municipal water, sanitary sewer, and access to a common stormwater system available at the property line, helping to reduce development costs and streamline the construction process. Surrounded by established businesses, close proximity to I-94 and strong residential demographics, this location benefits from consistent daily traffic exposure and excellent accessibility, making it an attractive investment for both owner-users and developers.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

7/10
7/10
6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Office

Property

Details

  • Parcel number: 1006550002O
  • Zoning description: OS-1

Lot

  • Lot size: 0.47 Acres
  • Lot size dimensions: 129.85 x 159.12

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Kalamazoo County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$159$1,908
Property Taxes $478$5,736
Electricity $188$2,259
Total$2,974$35,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,965/yr
40% on housing$89,220/yr
45% on housing$79,306/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -4.9%
-4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49024$172
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49024$167
Kalamazoo County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-08Listed for sale$425,000
2023-07-27Listing removed$500,000
2022-08-02Listing removed--
2022-08-02Listed for sale$500,000
2021-11-08Listing removed--
2021-07-23Listed for sale$500,000
2021-01-15Listing removed--
2020-07-28Listed for sale$500,000
2011-08-03Listing removed$250,000
2011-07-31Price change$250,000
2011-04-10Listed for sale$255,000
2011-02-12Listing removed$255,000
2010-02-14Listed for sale$255,000

For Sale by Agent

AgentDane L Davis
BrokerageNAI Wisinski of West Michigan

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