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Flex Space with Forced-Air Heating
For Lease
$6.95 SF/Yr

5111-5121 East ML Ave, Kalamazoo, MI 49048

Paved access and natural gas service support practical commercial operations in a functional flex-space setting.

Space SizeContact for details
Days on Market392

Property Features for 5111-5121 East ML Ave

General Information

Standard status Active
Property subtype Industrial
Zoning LM
Lease Type NNN

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 1972

Spaces For Lease

at 5111-5121 East ML Ave Contact us

Available Space $8.50/Mo

Contact us

Available Space $6.95/Mo

Contact us

Available Space $7.95/Mo

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Listing Agency: Advantage Commercial Real Estate
Listed By: Tim Van Noord · License #6502342092
Source: Carwm.resimplifi
Added: Aug 4, 2025 Changed: Aug 29 Last Checked: Aug 30 at 1:58PM

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 Advantage Commercial Real Estate

Investment Insights

Based on property information with market context.

This flex-space property was built in 1978 and includes natural gas service with forced-air heating. The site has a paved shared driveway, providing established vehicle access for occupants and visitors.

The property is located on E ML Avenue in Kalamazoo County, with directions from I-94 via Sprinkle Road and ML Avenue. Its flex-space classification supports a range of commercial functions within an industrial-oriented setting.

Key Highlights

  • Flex‑space property built in 1978
  • Natural gas service and forced‑air heating
  • Paved shared driveway

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Auto Parts Store Real Estate Agency Pharmacy Law Firm (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49048, MI

25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$8.44 /SF/Yr
Avg Asking Price
$5.95–$13.26 /SF/Yr
Price Range
8,092 SF
Avg Space Size

This space is priced 18% below the average of $8.44 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Ice Cream On Wheels of Kalamazoo 5281 Wynn Rd, Kalamazoo, MI 49048

Frequently Asked Questions

What type of property is this?
Flex space - Paved access and natural gas service support practical commercial operations in a functional flex-space setting.
Where is this flex space located?
The property is located at 5111-5121 East ML Ave Kalamazoo, MI.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: Flex‑space property built in 1978; Natural gas service and forced‑air heating; Paved shared driveway
More about this property
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