Warehouse and Development
For Sale
$1,250,000
12967 E MIchigan Ave, Battle Creek, MI 49014
10-acre commercial parcel on E. Michigan Ave with an 80x80 clear-span steel insulated warehouse and on-site residence.
Property Size6,400 SF
Lot Size10.00 Acres
Price / SF$195.31
Days on Market97
Property Features for 12967 E MIchigan Ave
General Information
Standard status
Active
Size
6,400 SF
Lot size
10.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1988
Construction
clear span steel
Listing Agency:
RE/MAX Perrett Associates - Battle Creek
(269) 967-6713
Listed By:
Carter Damon · License #6501341086
(269) 967-6713
Source:
Elliman
Added: Apr 27
Changed: Jul 23
Last Checked: Aug 1 at 10:00AM
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 RE/MAX Perrett Associates - Battle Creek
Investment Insights
Based on property information with market context.
This 10-acre commercial property offers a ready-to-use warehouse and additional on-site residence. The improvements include an 80x80 clear span steel construction building with insulation, along with a 6-bedroom, 2.5-bath home on the parcel.
The property is situated directly on E. Michigan Ave and is across from the new Marshall Blue Oval plant. The location is described as providing high visibility and easy interstate access, and the listing notes zoning that permits a wide array of commercial uses.
The seller indicates flexibility for acquisition, including openness to splits, supporting phased development or tailored site configurations.
The property is situated directly on E. Michigan Ave and is across from the new Marshall Blue Oval plant. The location is described as providing high visibility and easy interstate access, and the listing notes zoning that permits a wide array of commercial uses.
The seller indicates flexibility for acquisition, including openness to splits, supporting phased development or tailored site configurations.
Key Highlights
- 10‑acre commercial parcel on E. Michigan Ave
- Includes an 80x80 clear span steel construction insulated building
- On‑site 6‑bedroom, 2.5‑bath home
Financial Insights For Warehouse
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 | $60.7k | $9.48 |
| − Vacancy | −$4.1k | −$0.64 |
| EGI | $56.5k | $8.84 |
| − OpEx | −$8.5k | −$1.33 |
| NOI | $48.1k | $7.51 |
6,400 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$686.6K
$600.8K – $801.1K
NOI $48,064 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$75.92M
$66.43M – $88.57M
NOI $5,314,336 @ 7.0% cap · market cap 425.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49014, MI
21,505
Population
9,314
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
72.5 sq mi
ZIP Area
297
Density / Sq Mi
$63,383
Median Household Income
$40,061
Median Earnings
$997
Median Rent
$159,100
Median Home Value
Market
Properties on Market for Warehouses in Calhoun County
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - 10-acre commercial parcel on E. Michigan Ave with an 80x80 clear-span steel insulated warehouse and on-site residence.
Where is this warehouse located?
The property is located at 12967 E MIchigan Ave Battle Creek, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10‑acre commercial parcel on E. Michigan Ave; Includes an 80x80 clear span steel construction insulated building; On‑site 6‑bedroom, 2.5‑bath home