Adaptable Retail/Office Space in
8083 Vineyard Parkway Kalamazoo, MI 49009
For Sale
$475,000
COMMERCIAL - Kalamazoo, MI
Property Size1,903 SF
Lot Size0.12 Acres
Price / SF$249.61
Days on Market300
Property Features for 8083 Vineyard Parkway
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Rooms
Bathroom 1
Standard status
Active
APN
09-23-115-009
Size
1,903 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
VINEYARD PARKWAY CONDOMINIUM UNIT 9 *
Tax Annual Amount
9868
Utilities
Utilities
Phone Available
Heating system
Forced Air
Building Details
Year built
2022
Floors in Building
1
Number of units
1
Listing Agency:
Jaqua, REALTORS Commercial
(269) 216-4222
Listed By:
Marc R Tourangeau · License #6502355243
(269) 207-3072
Added: Oct 1, 2025
Changed: Apr 15
Last Checked: Jul 27 at 12:06PM
MLS# 25052002
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.
Located within the Vineyard Parkway business park in rapidly growing Texas Corners, this 1,903 square feet space is currently built out for retail but could be converted to office use. The property features ample windows, on-site parking, a built-in storefront counter, and a fairly open layout. Situated on a 0.12-acre lot, this Class A space offers an adaptable design and prime location, providing a variety of possibilities for your business.
Key Highlights
- Prime location in rapidly growing Texas Corners.
- Class A space with adaptable design suitable for retail or office.
- 1,903 square feet with a fairly open layout.
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 | $27.4k | $14.40 |
| − Vacancy | −$2.0k | −$1.04 |
| EGI | $25.4k | $13.36 |
| − OpEx | −$6.4k | −$3.34 |
| NOI | $19.1k | $10.02 |
1,903 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$272.5K
$238.4K – $317.9K
NOI $19,073 @ 7.0% cap · market cap 4.02%
Second Best
Retail
$187.5K
$164.1K – $218.7K
NOI $13,124 @ 7.0% cap · market cap 2.76%
Theoretical Best
Warehouse
$498.0K
$435.7K – $581.0K
NOI $34,858 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Class A space in Texas Corners, suitable for retail or office.
Where is this retail space located?
The property is located at 8083 Vineyard Parkway Kalamazoo, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Prime location in rapidly growing Texas Corners.; Class A space with adaptable design suitable for retail or office.; 1,903 square feet with a fairly open layout.
