Warehouse Space with
For Sale
Contact for pricing
4535 Wayne Road A-1, Springfield, MI 49037
Industrial warehouse space includes dedicated office area, loading access, overhead doors, and a secured paved site.
Property Size9,493 SF
Days on Market49
Property Features for 4535 Wayne Road A-1
General Information
Standard status
Active
Size
9,493 SF
Amenities
dock door
overhead doors
fenced and gated site
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Source:
Jimdehaan
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 26 at 3:31PM
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 NAI Wisinski of West Michigan
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Investment Insights
Based on property information with market context.
The property provides 9,493 SF of industrial warehouse space, including 748 SF of office area. Interior clearance ranges from 20 to 22 feet, with one dock door and three overhead doors supporting warehouse operations. The site is fenced and gated, with paved parking available on the premises.
Located on Wayne Road in Springfield, the property is near Fort Custer Industrial Park and just outside Battle Creek. Available configurations in the building range from 4,640 SF to 14,881 SF, providing flexibility for different space requirements. Outdoor storage may also be possible.
Located on Wayne Road in Springfield, the property is near Fort Custer Industrial Park and just outside Battle Creek. Available configurations in the building range from 4,640 SF to 14,881 SF, providing flexibility for different space requirements. Outdoor storage may also be possible.
Key Highlights
- 9,493 SF warehouse area with 748 SF of office space
- 20' to 22' ceiling heights accommodate warehouse use
- One dock door and three overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,293
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,860
$1.4M
Cap Rate 7%
$1,018,471
$1.0M
Cap Rate 9%
$792,144
$792.1K
Market Conditions
NOI Build-Up for 9,493 SF
Gross rent
$90.0K $9.48/SF
− Vacancy
−$6.1K −$0.64/SF
EGI
$83.9K $8.84/SF
− OpEx
−$12.6K −$1.33/SF
NOI
$71.3K $7.51/SF
Area
Calhoun County, MI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,860
Cap Rate 7%
$1,018,471
Cap Rate 9%
$792,144
Alternative Uses
Best Use
Warehouse
$1.02M
$891.2K – $1.19M
NOI $71,293 @ 7.0% cap · market cap 1,782,325.00%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$112.61M
$98.53M – $131.38M
NOI $7,882,655 @ 7.0% cap · market cap 197,066,375.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 49037, MI
21,427
Population
9,971
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
1,110
Density / Sq Mi
$42,598
Median Household Income
$32,024
Median Earnings
$843
Median Rent
$90,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Iron Mountain — 1961 Base Ave, Springfield, MI 49037
- West Dickman Road Self Storage — 3950 W Dickman Rd, Springfield, MI 49037
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse space includes dedicated office area, loading access, overhead doors, and a secured paved site.
Where is this warehouse located?
The property is located at 4535 Wayne Road A-1 Springfield, MI.
What are key features of this property?
This property features: 9,493 SF warehouse area with 748 SF of office space; 20' to 22' ceiling heights accommodate warehouse use; One dock door and three overhead doors
