Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8240 Stadium Dr Kalamazoo, MI 49009

    View on Map
    Sponsored
    For Sale
    $895,000

    COMMERCIAL - Kalamazoo, MI

    Property size:
    7,000 SF
    Lot size:
    4.00 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 6 at 8:06 pm

    Property Features for 8240 Stadium Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Bathrooms
    3
    APN
    05-33-402-108
    Parking
    16
    Interior features
    Broadband
    Size
    7,000 SF
    Lot size
    4.00 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Space Heater
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Number of units
    1
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Jodi K Milks

    NAI Wisinski of West Michigan (269) 353-0311

    Listing agent Jodi K Milks (269) 459-0439

    Listing date Mar 6, 2026

    MLS# 26008523

    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

    Kalamazoo Office/Flex Building For Sale

    Available for sale is a well-maintained, move-in ready 7,000 SF office/flex building situated on an approximately 4-acre wooded parcel on Kalamazoo's west side. The 2,887 SF office space includes a reception/waiting area, six large offices with windows, two conference rooms, a workroom, a kitchen/breakroom, men's and women's single-fixture restrooms, and a separate 299 SF garage with a 9' x 7' overhead door. The 3,814 SF clear-span shop/warehouse space features heavy power, a 13' - 14' ceiling, a single-fixture unisex restroom with shower, a utility room, a 16' x 12' overhead door, and mezzanine storage above the garage. Site amenities include a remote-controlled security gate, 16 parking spaces, and a rear storage yard. The excess land may allow for future expansion and/or an additional structure to the north, subject to Township approval. The property is conveniently located just 3 miles from the US-131/Stadium Dr. and I-94/S. 9th St. interchanges. The property is zoned I-1 - Industrial District, Mfg./Servicing in Oshtemo Township.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Delta Design Systems ... Construction Company Interior Design Schemes Interior Design John Grace Restoration ... Construction Company SKP Design Interior Design

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Department Store Kitchen & Bath Showroom Food Market Accounting Firm

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

    Similar Places Nearby

    Pistachios Catering & Events

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.711268
    Latitude
    42.254034

    Nearby Similar for Sale

    • New
      $1,095,000
      Pending

      Updated Office and Warehouse Space

      8,800 SF building with updated office and warehouse space.
      2960 Interstate Pkwy, Kalamazoo, MI 49048
      View Details
    • New
      $450,000
      1,658 SF

      Remodeled Office Condo with Views

      Downtown Kalamazoo office condo with rooftop patio and city views.
      107 W Michigan Ave, Kalamazoo, MI 49007
      View Details
    • $650,000
      12,100 SF

      Redevelopment Opportunity Near I-94

      12,100 SF building primed for redevelopment in Kalamazoo.
      3635 E Cork St, Kalamazoo, MI 49001
      View Details
    • $749,900
      12,100 SF

      Kalamazoo Commercial Property For Sale

      12,100 SF building on 2.4 acres near I-94.
      3635 E Cork St, Kalamazoo, MI 49001
      View Details
    • $329,900
      4,100 SF

      Kalamazoo Bar/Restaurant Opportunity

      Turn-key bar/restaurant in high-traffic Kalamazoo location.
      3013 Oakland Dr, Kalamazoo, MI 49008
      View Details
    • $675,000
      7,000 SF

      Historic Restaurant with Pullman Railroad Car

      Iconic 1910 Pullman railroad car restaurant on 2.23 acres.
      6225 W D Ave, Kalamazoo, MI 49009
      View Details
    • New
      $95,000
      Pending

      Kalamazoo Commercial/Industrial Property For Sale

      Commercial/industrial property with high visibility and flexible space in Kalamazoo, MI.
      1132 E Crosstown Pkwy, Kalamazoo, MI 49001
      View Details
    • $595,000
      6,440 SF

      Kalamazoo Office Building For Sale

      Centrally located office building suitable for medical or general office use.
      2401 Gull Rd, Kalamazoo, MI 49048
      View Details
    • $725,000
      3,200 SF

      Kalamazoo Commercial Property For Sale

      Commercial property in Kalamazoo, MI, with leaseback option.
      1522 Gull Rd, Kalamazoo, MI 49048
      View Details
    • $475,000
      1,903 SF

      Adaptable Retail/Office Space in Kalamazoo

      Class A space in Texas Corners, suitable for retail or office.
      8083 Vineyard Pkwy, Kalamazoo, MI 49009
      View Details
    • $475,000
      1,903 SF

      Adaptable Retail/Office Space in Kalamazoo

      Class A retail/office space in rapidly growing Texas Corners.
      8083 Vineyard Pkwy, Kalamazoo, MI 49009
      View Details
    • $850,000
      3,800 SF

      Downtown Kalamazoo Investment Opportunity

      Turnkey investment opportunity in the heart of Downtown Kalamazoo.
      603 N Burdick St, Kalamazoo, MI 49007
      View Details

    FAQs

    What type of property is this?
    Flex space - 7,000 SF office/flex building on 4-acre wooded parcel.
    Where is this flex space located?
    The property is located at 8240 Stadium Dr Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Move-in ready 7,000 SF office/flex building on a 4-acre wooded parcel.; - **3,814 SF clear-span shop/warehouse with heavy power**, 13'-14' ceilings, and a 16' x 12' overhead door.; - 2,887 SF office space with 6 windowed offices, 2 conference rooms, and a kitchen/breakroom.
    (269) 353-0311
    Request Owner's contact information
    8240 Stadium Dr Kalamazoo, MI 49009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8240 Stadium Dr
    Kalamazoo, MI 49009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8240 Stadium Dr Kalamazoo, MI 49009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jodi K Milks
    Real Estate License ID: 6502339107
    (269) 353-0311 (269) 459-0439 (269) 207-1040
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!