Medical Office with Full
For Sale
$199,900
4672 Beckley Road, Battle Creek, MI 49015
Configured with reception, treatment, office, and kitchenette areas for medical or general office use.
Property Size960 SF
Lot Size0.80 Acres
Days on Market9
Property Features for 4672 Beckley Road
General Information
Standard status
Active
Size
960 SF
Total Parking Spaces
6
Lot size
0.80 Acres
Property subtype
Commercial
Zoning
T3
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,161
Building Details
Building Size
960 SF
Year Built
1967
Buildings
1
Stories
960
Units
1
Listing Agency:
Chuck Jaqua, REALTOR
(517) 617-8613
Listed By:
Mike Sandstrom · License #6501417340
(517) 617-8613
Source:
Irishhillsfivestarhomes
Added: Aug 23
Changed: Aug 28
Last Checked: Aug 28 at 11:31AM
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 Chuck Jaqua, REALTOR
Investment Insights
Based on property information with market context.
This medical office property includes a reception area, kitchenette, two treatment rooms, a general office, and a private office. The treatment rooms can also function as conventional office suites, while the full basement provides additional storage space. The building was constructed in 1967 and is situated on a 0.8-acre lot with on-site parking.
The property is located on Beckley Road near medical offices, hotels, restaurants, and I-94. Zoning is T3. The existing configuration supports medical office use and can also accommodate retail or general business office operations as described in the property information.
The property is located on Beckley Road near medical offices, hotels, restaurants, and I-94. Zoning is T3. The existing configuration supports medical office use and can also accommodate retail or general business office operations as described in the property information.
Key Highlights
- Medical office configuration with reception, kitchenette, two treatment rooms, general office, and private office
- Full basement provides additional storage space
- Situated on a 0.8‑acre lot
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
$10,576
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
5.29%
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%
$211,520
$211.5K
Cap Rate 7%
$151,086
$151.1K
Cap Rate 9%
$117,511
$117.5K
Market Conditions
NOI Build-Up for 960 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
$16.4K $17.04/SF
− Vacancy
−$2.3K −$2.35/SF
EGI
$14.1K $14.69/SF
− OpEx
−$3.5K −$3.67/SF
NOI
$10.6K $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%
$211,520
Cap Rate 7%
$151,086
Cap Rate 9%
$117,511
Alternative Uses
Best Use
Healthcare Medical
$11.39M
$9.96M – $13.29M
NOI $797,150 @ 7.0% cap · market cap 398.77%
Second Best
Office B
$151.1K
$132.2K – $176.3K
NOI $10,576 @ 7.0% cap · market cap 5.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49015, MI
28,008
Population
12,522
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
91%
High-School Grad
27.2 sq mi
ZIP Area
1,030
Density / Sq Mi
$67,719
Median Household Income
$39,900
Median Earnings
$980
Median Rent
$171,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kaspari Veterinary Clinic — 4762 Beckley Rd, Battle Creek, MI 49015
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, treatment, office, and kitchenette areas for medical or general office use.
Where is this medical office space located?
The property is located at 4672 Beckley Road Battle Creek, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Medical office configuration with reception, kitchenette, two treatment rooms, general office, and private office; Full basement provides additional storage space; Situated on a 0.8‑acre lot
