Warehouse Space with Overhead
For Sale
Contact for pricing
4535 Wayne Road A, Springfield, MI 49037
Fenced and gated warehouse space with paved parking and outdoor storage potential.
Property Size4,640 SF
Days on Market53
Property Features for 4535 Wayne Road A
General Information
Standard status
Active
Size
4,640 SF
Amenities
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 13
Changed: Oct 26
Last Checked: Nov 3 at 6:02AM
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.
This 4,640 SF warehouse offers an industrial configuration with ceiling clearance ranging from 18 to 22 feet and a 14-foot overhead door. The property includes a fenced, gated site and paved parking, with outdoor storage potential for compatible operations. Additional space can be combined at the site, bringing the total available area to as much as 14,881 SF.
The property is situated on Wayne Road in Springfield, just outside Battle Creek, and near Fort Custer Industrial Park. Its warehouse layout and truck-accessible overhead door support storage and industrial occupancy needs.
The property is situated on Wayne Road in Springfield, just outside Battle Creek, and near Fort Custer Industrial Park. Its warehouse layout and truck-accessible overhead door support storage and industrial occupancy needs.
Key Highlights
- 4,640 SF industrial warehouse space
- 18' to 22' ceiling heights
- 14' overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,847
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,940
$696.9K
Cap Rate 7%
$497,814
$497.8K
Cap Rate 9%
$387,189
$387.2K
Market Conditions
NOI Build-Up for 4,640 SF
Gross rent
$44.0K $9.48/SF
− Vacancy
−$3.0K −$0.64/SF
EGI
$41.0K $8.84/SF
− OpEx
−$6.1K −$1.33/SF
NOI
$34.8K $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%
$696,940
Cap Rate 7%
$497,814
Cap Rate 9%
$387,189
Alternative Uses
Best Use
Warehouse
$497.8K
$435.6K – $580.8K
NOI $34,847 @ 7.0% cap · market cap 871,175.00%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$55.04M
$48.16M – $64.21M
NOI $3,852,894 @ 7.0% cap · market cap 96,322,350.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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 - Fenced and gated warehouse space with paved parking and outdoor storage potential.
Where is this warehouse located?
The property is located at 4535 Wayne Road A Springfield, MI.
What are key features of this property?
This property features: 4,640 SF industrial warehouse space; 18' to 22' ceiling heights; 14' overhead door
