High-Visibility Office Space
For Sale
$194,900
2963 W Dickman Road, Springfield, MI 49037
COMMERCIAL - Springfield, MI
Property Size1,128 SF
Lot Size0.42 Acres
Price / SF$172.78
Days on Market139
Property Features for 2963 W Dickman Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
IRT
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Elementary school district
Battle Creek
Middle school district
Battle Creek
High school district
Battle Creek
Directions
Helmer Rd to East on Dickman Rd
Standard status
Active
APN
54-080-035-00
Size
1,128 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SP CITY, EDGEWOOD, W 1/2 OF LOT 12, LOTS 13, 14 & 15, BLK 11. *** TIFA-B 86 SEV 12,400 ***
Tax Annual Amount
3267
Legal Description
SP CITY, EDGEWOOD, W 1/2 OF LOT 12, LOTS 13, 14 & 15, BLK 11. *** TIFA-B 86 SEV 12,400 ***
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1930
Number of units
1
Building materials
Aluminum Siding, Wood Siding
Roof type
Composition
Listing Agency:
EB Realty LLC
(269) 420-6868
Listed By:
Eric Blair · License #6502431108
(269) 420-6868
Added: Mar 20
Changed: Aug 4
Last Checked: Aug 5 at 6:06PM
MLS# 26010918
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located on Dickman Road, near the Helmer Road intersection, offering frontage on three streets. The office building, with over 1,000 square feet, includes a full basement suitable for additional storage or workspace. The property features a shared restroom and a new roof planned for September 2025. Previously used as a chiropractic office, the space is suitable for a variety of professional or service-based businesses. The location benefits from high traffic counts on Dickman Road, providing exposure, and includes on-site parking for customers and staff. The property is situated on a 0.42-acre lot.
Key Highlights
- High‑visibility location on Dickman Road with frontage on three streets.
- Ample on‑site parking for customers and staff.
- 1,000+ sq. ft. office building with a full basement.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.2k | $17.04 |
| − Vacancy | −$2.7k | −$2.35 |
| EGI | $16.6k | $14.69 |
| − OpEx | −$4.1k | −$3.67 |
| NOI | $12.4k | $11.02 |
1,128 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$177.5K
$155.3K – $207.1K
NOI $12,426 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$13.38M
$11.71M – $15.61M
NOI $936,652 @ 7.0% cap · market cap 480.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 49037, MI
21,427
Population
9,971
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
1,110
Density / Sq Mi
$42,598
Median Household Income
$32,024
Median Earnings
$843
Median Rent
$90,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial property on Dickman Road, suitable for various businesses.
Where is this office units located?
The property is located at 2963 W Dickman Road Springfield, MI.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: High‑visibility location on Dickman Road with frontage on three streets.; Ample on‑site parking for customers and staff.; 1,000+ sq. ft. office building with a full basement.
