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

    7476 14Th St Kalamazoo, MI 49009

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,900

    Versatile Industrial Building, 2480 sq ft, 0.88 acres

    Property size:
    2,480 SF

    Property Features for 7476 14Th St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,480 SF
    Lot Size
    38,333 SF

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    Jessica Steele

    Listing Agency: Berkshire Hathaway HomeServices MI Listing Agent: Jessica Steele

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,480 square foot industrial property, situated on a 0.88-acre lot in Kalamazoo, MI, presents a compelling investment opportunity. Its prime location directly across from Cooper Elementary and moments from Highway 131 ensures high visibility and convenient access. The main floor features impressive cathedral ceilings, creating a spacious and inviting atmosphere suitable for diverse uses. Previous use as a daycare suggests adaptability for similar businesses, or the space could easily be converted into office space or creative studios. The expansive lower level offers a flexible, wide-open floor plan, perfect for a variety of needs, from a home-based business to more extensive operations. A full kitchen on the lower level adds further versatility, particularly for businesses requiring food preparation capabilities. The property also includes a fenced outdoor area, providing additional space and security. Priced at $199,900, this property offers a rare combination of size, location, and adaptability, making it an ideal choice for a wide range of businesses or those seeking a unique residential conversion. The address is 7476 N 14th, Kalamazoo, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Little Daffodils, LLC Daycare Center

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.62946
    Latitude
    42.36866

    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
    • $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
    • $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
    • $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
    • $2,000,000
      9,934 SF

      Downtown Kalamazoo Mixed-Use Opportunity

      Turnkey investment opportunity in downtown Kalamazoo with mixed-use potential.
      414-424 Walbridge St, Kalamazoo, MI 49007
      View Details

    FAQs

    What type of property is this?
    Industrial property - Versatile Industrial Building, 2480 sq ft, 0.88 acres
    Where is this industrial property located?
    The property is located at 7476 14Th St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    (269) 342-5600
    Request Owner's contact information
    7476 14Th St 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.
    7476 14Th St
    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
    7476 14Th St 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
    Jessica Steele
    (269) 342-5600
    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!