Medical Office with
For Sale
$199,900
4672 Beckley Road, Battle Creek, MI 49015
Commercial Sale, Battle Creek, MI
Property Size960 SF
Lot Size0.80 Acres
Price / SF$208.23
Days on Market139
Property Features for 4672 Beckley Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
T3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Parking
6
Elementary school district
Lakeview
Middle school district
Lakeview
High school district
Lakeview
Directions
From Capital Ave Sw, West on Beckley Road. Building is on the left.
Standard status
Active
APN
52-0980-02-207-0
Size
960 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUPRS PLAT OF BECKLEY ACRES N 264 FT OF LOT 7
Tax Annual Amount
4161
Legal Description
SUPRS PLAT OF BECKLEY ACRES N 264 FT OF LOT 7
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1967
Number of units
1
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Chuck Jaqua, REALTOR
(269) 381-7653
Listed By:
Mike Sandstrom · License #6501417340
(517) 617-8613
Added: Apr 30
Changed: Sep 7
Last Checked: Sep 15 at 5:06PM
MLS# 26019025
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 960-square-foot medical office property offers a functional arrangement for professional operations, with a reception area, kitchenette, two treatment rooms, a general office, and a private office. The treatment rooms may also serve as conventional office space. A full basement provides additional storage, while central air, forced-air heating, aluminum siding, and a composition roof serve the building. Constructed in 1967, the property sits on a 0.8-acre lot with on-site parking.
The building is positioned on Beckley Road in Battle Creek, near medical offices, hotels, restaurants, and I-94. Natural gas is available. The recent medical-office configuration may support continued clinical use or adaptation for office-based operations, subject to applicable requirements.
The building is positioned on Beckley Road in Battle Creek, near medical offices, hotels, restaurants, and I-94. Natural gas is available. The recent medical-office configuration may support continued clinical use or adaptation for office-based operations, subject to applicable requirements.
Key Highlights
- 960 square feet of medical office space
- 0.8‑acre lot with on‑site parking
- Reception area, kitchenette, two treatment rooms, general office, and private office
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
408
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing configuration includes reception, kitchenette, treatment rooms, and private office areas.
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: 960 square feet of medical office space; 0.8‑acre lot with on‑site parking; Reception area, kitchenette, two treatment rooms, general office, and private office
