Freestanding Office
For Sale
$1,250,000
Pending
2700 Stadium Dr, Kalamazoo, MI 49008
Brick construction and a single- or dual-tenant layout accommodate professional office occupancy.
Property Size8,092 SF
Days on Market35
Property Features for 2700 Stadium Dr
General Information
Standard status
Pending
Size
8,092 SF
Class
Class A
Property subtype
Office
Zoning
CC2
Additional Details
Condition
Move-in Ready
Road Access
Yes
Property Use
Office
Building Details
Year Built
2006
Construction
brick
Listing Agency:
Callander Commercial
Listed By:
Matt Callander · License #6501303339
(269) 271-5187
Source:
Carwm.resimplifi
Added: Oct 1
Changed: Oct 26
Last Checked: Nov 3 at 3:07AM
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 Callander Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2006, this freestanding office property contains 8,092 square feet and features a brick exterior. Its layout can serve one tenant or be configured for two, with signage and interior space suited to office occupancy. The property is zoned CC2.
The building fronts Stadium Drive, a corridor connecting Kalamazoo’s western suburbs and retail hub with downtown.
The building fronts Stadium Drive, a corridor connecting Kalamazoo’s western suburbs and retail hub with downtown.
Key Highlights
- 8,092‑square‑foot freestanding office building
- Single- or dual‑tenant configuration
- Built in 2006 with a brick exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,101
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,622,020
$1.6M
Cap Rate 7%
$1,158,586
$1.2M
Cap Rate 9%
$901,122
$901.1K
Market Conditions
NOI Build-Up for 8,092 SF
Gross rent
$116.5K $14.40/SF
− Vacancy
−$8.4K −$1.04/SF
EGI
$108.1K $13.36/SF
− OpEx
−$27.0K −$3.34/SF
NOI
$81.1K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,622,020
Cap Rate 7%
$1,158,586
Cap Rate 9%
$901,122
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,101 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.12M
$1.85M – $2.47M
NOI $148,226 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 49008, MI
18,343
Population
7,124
Households
2.6
Avg Household Size
31
Median Age
55%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
2,738
Density / Sq Mi
$67,339
Median Household Income
$31,756
Median Earnings
$1,005
Median Rent
$202,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Brick construction and a single- or dual-tenant layout accommodate professional office occupancy.
Where is this office building located?
The property is located at 2700 Stadium Dr Kalamazoo, 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: 8,092‑square‑foot freestanding office building; Single- or dual‑tenant configuration; Built in 2006 with a brick exterior
