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    The Largest CRE Database in the US with Over 1 Million Listings

    3770 SW Capital Ave Unit, Unit C Battle Creek, MI 49015

    Sponsored
    For Lease
    $20 SF/Yr ($11,710 /Mo)

    COMMERCIAL - Battle Creek, MI

    Type:Office
    Property size:
    7,026 SF
    Lot size:
    3.77 Acres
    Days on Market:
    15
    Last Refresh:
    Feb 6 at 12:06 am

    Property Features for 3770 SW Capital Ave Unit

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    0085-00-915-0
    Fireplace
    1
    Size
    7,026 SF
    Lot size
    3.77 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Building materials
    Brick

    We can help!

    Listing Contact
    Kara Schroer, Ccim
    Kara Schroer, Ccim

    NAI Wisinski of West Michigan (269) 353-0311

    Listing agent Kara Schroer (269) 353-0311

    Listing date Jan 23, 2026

    MLS# 25050138

    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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Ambulatory Surgery Center Available

    This property offers an opportunity to lease a turnkey Ambulatory Surgery Center located at 3770 Capital Avenue SW in Battle Creek, MI. The 7,026 square-foot endoscopy and surgery center was designed for colon and rectal procedures, featuring two procedure rooms and one operating room. Much of the specialized equipment is still in place and potentially available for a new operator. Adjacent to the ASC, there is an additional 3,386 square feet of traditional medical office space available, bringing the total leasable area to 10,412 square feet within the 14,400 square-foot building. The remaining square footage is occupied by Bronson Healthcare's Clinical Gastroenterology Services Practice. Situated on a 3.77-acre lot with municipal utilities, the facility is located one mile from I-94, providing access to Kalamazoo, which is 19 miles west, and the broader regional healthcare network. The ASC space could be converted to traditional medical office space. The lease rate is competitive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical centers

    Map

    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.199205
    Latitude
    42.247131

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    FAQs

    What type of property is this?
    Medical center - Turnkey surgery center and medical office space for lease.
    Where is this medical center located?
    The property is located at 3770 SW Capital Ave Unit, Unit C Battle Creek, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey Ambulatory Surgery Center (ASC) with existing specialized equipment potentially available.; - 7,026 SF endoscopy & surgery center designed for colon & rectal procedures, including **two procedure rooms and one operating room.**; - Option to lease an additional 3,386 SF of adjacent traditional medical office space, totaling 10,412 SF.
    (269) 353-0311
    Request Owner's contact information
    3770 SW Capital Ave Unit, Unit C Battle Creek, MI 49015
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    Battle Creek, MI 49015
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3770 SW Capital Ave Unit, Unit C Battle Creek, MI 49015
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    We can help!
    Listing Contact
    Kara Schroer, Ccim
    Kara Schroer, Ccim
    Real Estate License ID: 6501373674
    (269) 353-0311
    Learn more
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