Fully Renovated Office
For Sale
$225,000
14501 Beadle Lake Road, Battle Creek, MI 49017
A fully renovated office building with on-site parking and completed 2019 environmental assessments.
Property Size1,396 SF
Days on Market133
Property Features for 14501 Beadle Lake Road
General Information
Standard status
Active
Size
1,396 SF
Total Parking Spaces
20
Property subtype
Commercial
Building Details
Building Size
1,396 SF
Year Built
1967
Units
1
Listing Agency:
Pearse Realty, Inc.
(269) 209-7372
Listed By:
Amy M Turley
(269) 209-7372
Source:
Homesforsaleinmich
Added: Apr 14
Changed: Aug 23
Last Checked: Aug 5 at 10:33AM
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 Pearse Realty, Inc.
Investment Insights
Based on property information with market context.
This fully renovated office building is in excellent condition and designed to be ready for business use. The property includes completed Phase I and Phase II environmental assessments from 2019 and offers on-site parking with more than 20 spaces.
The building is located at 14501 Beadle Lake Road in Battle Creek, MI. The offering is described as well-suited for a medical practice, an insurance office, or a tax and finance firm, with additional compatible business uses considered.
As presented, the asset combines a move-in-ready interior with practical site parking and documented environmental work completed in 2019.
The building is located at 14501 Beadle Lake Road in Battle Creek, MI. The offering is described as well-suited for a medical practice, an insurance office, or a tax and finance firm, with additional compatible business uses considered.
As presented, the asset combines a move-in-ready interior with practical site parking and documented environmental work completed in 2019.
Key Highlights
- Fully renovated office building (year built 1967) in excellent condition
- On‑site parking with over 20 spaces
- Clean Phase I and Phase II environmental assessments completed in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$307,580
$307.6K
Cap Rate 7%
$219,700
$219.7K
Cap Rate 9%
$170,878
$170.9K
Market Conditions
NOI Build-Up for 1,396 SF
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.
Gross rent
$23.8K $17.04/SF
− Vacancy
−$3.3K −$2.35/SF
EGI
$20.5K $14.69/SF
− OpEx
−$5.1K −$3.67/SF
NOI
$15.4K $11.02/SF
Area
Calhoun County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$307,580
Cap Rate 7%
$219,700
Cap Rate 9%
$170,878
Alternative Uses
Best Use
Healthcare Medical
$16.56M
$14.49M – $19.32M
NOI $1,159,190 @ 7.0% cap · market cap 515.20%
Second Best
Office B
$219.7K
$192.2K – $256.3K
NOI $15,379 @ 7.0% cap · market cap 6.84%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49017, MI
21,377
Population
9,701
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
56.8 sq mi
ZIP Area
376
Density / Sq Mi
$58,500
Median Household Income
$40,386
Median Earnings
$946
Median Rent
$134,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A fully renovated office building with on-site parking and completed 2019 environmental assessments.
Where is this medical office space located?
The property is located at 14501 Beadle Lake Road Battle Creek, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Fully renovated office building (year built 1967) in excellent condition; On‑site parking with over 20 spaces; Clean Phase I and Phase II environmental assessments completed in 2019
