Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former Laboratory and Office Facility Title is generated by Realmo AI

    6710 Quality Way, Portage, MI 49002

    View on Map
    Claim this Listing
    New
    For Sale
    $3,000,000

    Purpose-built research and testing facility with specialized lab buildout, office space, and industrial loading access.

    Type:Commercial
    Property size:
    14,075 SF
    Lot size:
    1.84 Acres
    Price / SF:
    $213/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 3:14 am

    Property Features for 6710 Quality Way

    General Information

    Standard status
    Active
    Size
    14,075 SF
    Lot size
    1.84 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2001

    We can help!

    Listing Contact
    Jodi K Milks

    Listing agent Jodi K Milks License #6502339107

    Listing office NAI Wisinski of West Michigan

    Listing date Jun 3, 2026

    Source Elliman

    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

    HighLights

    • 14,075 SF former laboratory facility built in 2001 with 3,000 SF office on 1.837 acres in the City of Portage
    • Purpose‑built lab buildout includes three vivariums, surgery room, industrial wash rack, and specialized support areas
    • Office amenities include private offices, conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers
    • Industrial infrastructure includes 300 KVA 3‑phase power with onsite backup generator, EPS monitored security, and clearspan ceilings 17'10" to 20'9"
    • Loading and access: one truck well and two grade‑level overhead doors
    • Zoned I‑1 Light Industrial; convenient access to I‑94; some lab equipment may be included in the sale

    Overview

    Former laboratory facility totaling 14,075 SF with approximately 3,000 SF of office space, built to support research and testing operations. The property includes an existing lab buildout with three vivariums, a surgery room, an industrial wash rack, and specialized support areas. Office components include private offices, a conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers. Clearspan ceiling heights range from 17'10" to 20'9", supported by building infrastructure with 300 KVA, 3-phase power, and an onsite backup generator. Security is EPS monitored. The site has one truck well and two grade-level overhead doors.

    The property is situated on 1.837 acres in the City of Portage and is zoned I-1 Light Industrial. It offers convenient access to I-94, supporting efficient movement for lab and industrial operations.

    This facility is well-suited for operators seeking a light industrial property already configured for laboratory use, including specialized animal housing areas and associated support space. It also provides dedicated office accommodations, conference space, and building systems designed for continuous operational needs. Some lab equipment may be included in the sale.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $310.8k $22.08
    − Vacancy −$7.5k −$0.53
    EGI $303.3k $21.55
    − OpEx −$91.0k −$6.47
    NOI $212.3k $15.09
    14,075 SF · lease $22.08/SF/yr · vacancy 2.40% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $3.03M
    $2.65M – $3.54M (±1% cap)
    NOI $212,322 @ 7.0% cap · market cap 7.08%
    Second Best
    Office B
    $2.02M
    $1.76M – $2.35M (±1% cap)
    NOI $141,065 @ 7.0% cap · market cap 4.70%
    Theoretical Best
    Warehouse
    $3.68M
    $3.22M – $4.30M (±1% cap)
    NOI $257,820 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.536799
    Latitude
    42.219874

    Nearby Similar for Sale

    • $3,000,000
      14,075 SF

      Former Laboratory Flex Facility

      Former laboratory facility with specialized buildout, office space, and lab support rooms in I-1 Light Industrial zoning.
      6710 Quality Way, Portage, MI 49002
      View Details
    • $349,000
      3,468 SF

      Retail Property on 3.85 Acres

      Versatile retail property in a prime Portage location.
      8139 Portage Road, Portage, MI 49002
      View Details
    • $1,450,000
      14,589 SF

      Versatile Flex/Industrial Building in Portage

      Adaptable flex/industrial building near US-131, suitable for various uses.
      9340 Shaver Road, Portage, MI 49024
      View Details
    • $299,000
      2,031 SF

      Turnkey Restaurant Opportunity in Portage

      Former breakfast restaurant with all furniture, fixtures, and equipment.
      6907 Sears Drive, Portage, MI 49024
      View Details
    • $169,000
      864 SF

      Zoned Office and Mixed-Use Building

      Ramp-accessible office building with ample parking, central air, and updated exterior components.
      5837 Portage Road, Portage, MI 49002
      View Details
    • $1,875,000
      18,140 SF

      Portage Industrial Building For Sale

      18,140 SF industrial building ideal for various operations.
      9350 Shaver Road, Portage, MI 49024
      View Details
    • $525,000
      2,118 SF

      Corner Commercial Building For Sale

      2,118 SF building in excellent condition, ready for occupancy.
      7940 S Sprinkle Road, Portage, MI 49002
      View Details
    • $695,000
      10,520 SF

      Portage Industrial Building For Sale

      10,520 SF industrial building on 0.89 acres in Portage.
      9702 Portage Road, Portage, MI 49002
      View Details
    • $925,000
      8,400 SF

      Fully Leased Investment Opportunity

      Fully leased commercial condo units in North Portage.
      5120 Lovers Lane, Portage, MI 49002
      View Details
    • $699,900
      43,695 SF

      COMMERCIAL - Portage, MI

      9801 Shaver Road, Portage, MI 49024
      View Details
    • $1,650,000
      7,428 SF

      Remodeled Restaurant Building Near Airport

      Remodeled 7,428 SF restaurant with high capacity and ample parking.
      5402 Portage Road, Portage, MI 49002
      View Details
    • $850,000
      4,776 SF

      Renovated Office Condo Investment

      High-traffic location, stable income, and ample parking.
      3250 W Centre Ave, Portage, MI, 49024, Portage, MI 49024
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Purpose-built research and testing facility with specialized lab buildout, office space, and industrial loading access.
    Where is this manufacturing property located?
    The property is located at 6710 Quality Way Portage, MI.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 14,075 SF former laboratory facility built in 2001 with 3,000 SF office on 1.837 acres in the City of Portage; Purpose‑built lab buildout includes three vivariums, surgery room, industrial wash rack, and specialized support areas; Office amenities include private offices, conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers
    (269) 353-0311
    We can help!
    Listing Contact
    Jodi K Milks
    Real Estate License ID: 6502339107
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6710 Quality Way, Portage, MI 49002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!