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    Property profile

    1206 E Crosstown Pkwy Kalamazoo, MI 49001

    FOR SALE
    Industrial properties
    Property ID
    US43-4300100
    24,424 SF 1.75 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
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    1206 E Crosstown Pkwy, Kalamazoo, MI 49001 For Sale 1 / 30
    $1,490,000 24,424 SF
    1206 E Crosstown Pkwy, Kalamazoo, MI 49001
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    Property summary

    AI-generated overview

    This single-story, 24,424-square-foot industrial building in Kalamazoo, Michigan, is available for lease. Located at 1206 E Crosstown Parkway (near Mills St & King Highway), this property offers seven suites, ranging from 2,184 to 24,424 contiguous square feet. Built in 1962, the building features a 14-foot ceiling height and ample parking. The warehouse area includes two loading docks, a recently installed fire suppression system, and upgraded electrical systems. Office space is also available, including a conference room and separate entrances. The 1.75-acre lot provides a secure area with private remote gates. The property's versatile design makes it suitable for various manufacturing, warehouse, and distribution needs. The Kalamazoo County location offers convenient access to downtown Kalamazoo and major transportation routes. The property's APN is 06-23-135-014. Currently, the entire 24,424 square feet is vacant and available for lease. The building has a 264-foot frontage.

    Property profile

    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 24,424 SF
    Lot 1.75 ac (76,230 SF)
    Zoning code M-1
    APN 06-23-135-014
    UPID US43-4300100

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    1206 E Crosstown Pkwy Kalamazoo, MI 49001
    Kalamazoo metro Census 900 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
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    Value estimations

    Realmo proprietary · 4 methods
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    Blend (final) Blend
    $485k

    Owner & transaction history

    since 2023
    6 recorded transactions
    2023
    Price N/A
    2023
    Price N/A
    2021
    Price N/A
    2020
    Price N/A
    2020
    Price N/A
    2013
    $9,500

    Zoning & alternative use

    M-1 · Kalamazoo, MI

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

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    • New
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    • $8 SF/Yr
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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