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    5111-5121 E Ml Ave, Unit B-40 Kalamazoo, MI 49048

    Picture of Warehouses at E Ml Ave 5111-5121, Kalamazoo, MI
    Pending
    For Lease
    $4 SF/Yr ($19,933 /Mo)

    COMMERCIAL - Kalamazoo, MI

    Property size:
    59,800 SF
    Lot size:
    9.25 Acres
    Days on Market:
    263
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 5111-5121 E Ml Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Pending
    APN
    390730156070
    Fireplace
    1
    Size
    59,800 SF
    Lot size
    9.25 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1978
    Roof type
    Metal

    Signature Associates Kalamazoo (269) 385-2000

    Listing agent Ted Vliek (269) 385-2000

    Listing date Mar 18, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kalamazoo Commerce Park Space Available

    Located in Kalamazoo Commerce Park, this property offers a variety of spaces suitable for warehouse, distribution, or office use. The location provides convenient access to I-94, situated just off Sprinkle Road. Building B has available warehouse spaces of 6,600 SF, 15,000 SF, and 9,800 SF. Building A features four suites, totaling 12,000 SF, suitable for warehouse or distribution purposes. These suites can be leased together or in 2,000 SF increments, with a dock for every 2,000 SF. The spaces were previously used for distribution and display, and the front spaces include windows, acoustic ceiling tiles, and customer service desks. Building A also contains two office suites, one with 1,600 SF and the other with 2,500 SF. The lease rates are NNN, with estimated nets at $1.99/PSF. The property is situated on a 9.25-acre lot.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Auto Repair Shop Wholesale Shop Clothing Store Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Simply Self Storage, Quartz Warehouse, Storage Rentals of America, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.528703
    Latitude
    42.268285

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    FAQs

    What type of property is this?
    Warehouse - Warehouse, distribution, and office spaces for lease near I-94.
    Where is this warehouse located?
    The property is located at 5111-5121 E Ml Ave, Unit B-40 Kalamazoo, MI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location near I-94 and Sprinkle Road for easy access and transportation.; - Flexible space options available, ranging from 2,000 SF to 15,000 SF, suitable for various business sizes.; - Dock and/or grade doors in all spaces, facilitating efficient loading and unloading.
    (269) 385-2000
    Request Owner's contact information
    5111-5121 E Ml Ave, Unit B-40 Kalamazoo, MI 49048
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    Realmo Value Estimation

    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.

    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.

    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
    5111-5121 E Ml Ave, Unit B-40 Kalamazoo, MI 49048
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