Building Details

Building Size 960 SF

Year Built 1967

Buildings 1

Stories 960

Units 1

Listing Agency: Chuck Jaqua, REALTOR d***@jaquarealtors.com Show Phone

Listed By: Mike Sandstrom · License #6501417340 Show Phone

Source: Buskardgroup

Added: Oct 19 Changed: Oct 25 Last Checked: Oct 26 at 3:50AM

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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

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Configured for medical office use, the building has a reception area, kitchenette, two treatment rooms, a general office, and a private office. A full basement provides storage, and on-site parking is available. The property was built in 1967 and occupies a 0.8-acre lot.

The Beckley Road property is near medical offices, hotels, restaurants, and I-94. Zoning is T3.

Key Highlights

• Two treatment rooms, general office, private office, reception area, and kitchenette
• Full basement available for storage
• 0.8‑acre lot with on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,576

Cap Rate

5.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$211,520 $211.5K

Cap Rate 7%

$151,086 $151.1K

Cap Rate 9%

$117,511 $117.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 960 SF

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 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 (±1% cap)

NOI $797,150 @ 7.0% cap · market cap 398.77%

Second Best

Office B

$151.1K

$132.2K – $176.3K (±1% cap)

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Medical Office Space - The layout includes a reception area, kitchenette, treatment rooms, and private and general offices.

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: Two treatment rooms, general office, private office, reception area, and kitchenette; Full basement available for storage; 0.8‑acre lot with on‑site parking