Manufacturing Equipment Storage
Battle Creek, MI 49017 Battle Creek, MI 49017
Battle Creek, MI, 49017
$12,000,000
For Sale
$12,000,000
150,792 SF manufacturing equipment storage facility on 11.26 acres.
Property Size150,792 SF
Lot Size11.26 Acres
Price / SF$79.58
Days on Market175
Property Features
General Information
- Standard status
- Active
- Size
- 150,792 SF
- Lot size
- 11.26 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1907
Listing agency
Signature Associates Kalamazoo
(616) 235-6039
Listed by
Peter Cachey
Source
Tcnworldwide
Added: Jan 27 Updated: Jul 10 at 12:53PM Checked: Jul 21 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates Kalamazoo
Investment Insights
Based on property information with market context.
This 150,792 SF manufacturing equipment storage facility is available for sale. Originally a train repair depot, the building sits on 11.26 acres and is roughly 75% occupied. It features 9 overhead doors of varying heights, including 2 drive-through bays. Ceiling heights reach up to 52 feet, with clear heights ranging from 27 to 38 feet. The building includes multiple large bays with 6 cranes, ranging from 20 to 160 tons, and generates income from tenants utilizing long-term heavy storage. The owner is willing to consider a sale-leaseback arrangement. The property is located in Battle Creek, MI 49017.
Key Highlights
- Substantial income generation from long‑term heavy storage tenants.
- Sale leaseback opportunity with the current owner.
- High ceiling heights up to 52' with clear heights ranging from 27‑38'.
Local Financial Insights For Industrial
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 | $1.43M | $9.48 |
| − Vacancy | −$97.2k | −$0.64 |
| EGI | $1.33M | $8.84 |
| − OpEx | −$399.7k | −$2.65 |
| NOI | $932.6k | $6.18 |
150,792 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$16.18M
$14.16M – $18.87M
NOI $1,132,456 @ 7.0% cap · market cap 9.44%
Second Best
Industrial
$13.32M
$11.66M – $15.54M
NOI $932,611 @ 7.0% cap · market cap 7.77%
Theoretical Best
Healthcare Medical
$1,788.75M
$1,565.16M – $2,086.87M
NOI $125,212,408 @ 7.0% cap · market cap 1,043.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Manufacturing property - 150,792 SF manufacturing equipment storage facility on 11.26 acres.
Where is this manufacturing property located?
The property is located at Battle Creek, MI.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Substantial income generation from long‑term heavy storage tenants.; Sale leaseback opportunity with the current owner.; **High ceiling heights up to 52'** with clear heights ranging from 27‑38'.
