Three-Office Professional
For Sale
Contact for pricing
834 King Highway 106, Kalamazoo, MI 49001
Compact downtown workspace with a practical layout for professional office operations.
Property Size530 SF
Price / SF$0.03
Days on Market48
Property Features for 834 King Highway 106
General Information
Standard status
Active
Size
530 SF
Listing Agency:
Jaqua, REALTORS Commercial
(269) 216-4222
Listed By:
Marc R Tourangeau · License #6502355243
(269) 207-3072
Source:
Corneliusteam
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 3 at 6:40AM
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 Jaqua, REALTORS Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 530 SF office suite at 834 King Highway, Suite 106, provides three private offices within a compact professional setting. The layout supports a range of office-based operations, including advisory, legal, accounting, and other professional services.
The property is located in downtown Kalamazoo, offering an established central setting for an office user. Its defined suite configuration provides separate rooms for individual work areas, consultations, or administrative functions.
The property is located in downtown Kalamazoo, offering an established central setting for an office user. Its defined suite configuration provides separate rooms for individual work areas, consultations, or administrative functions.
Key Highlights
- 530 SF office suite
- Three private offices
- Located in downtown Kalamazoo
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,312
Suggested Prices Based on Cap Rates
Cap Rate 5%
$106,240
$106.2K
Cap Rate 7%
$75,886
$75.9K
Cap Rate 9%
$59,022
$59.0K
Market Conditions
NOI Build-Up for 530 SF
Gross rent
$7.6K $14.40/SF
− Vacancy
−$550 −$1.04/SF
EGI
$7.1K $13.36/SF
− OpEx
−$1.8K −$3.34/SF
NOI
$5.3K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$106,240
Cap Rate 7%
$75,886
Cap Rate 9%
$59,022
Alternative Uses
Best Use
Office B
$75.9K
$66.4K – $88.5K
NOI $5,312 @ 7.0% cap · market cap 31,247.06%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$138.7K
$121.4K – $161.8K
NOI $9,708 @ 7.0% cap · market cap 57,105.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
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Business Placement
Demographics for 49001, MI
21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Compact downtown workspace with a practical layout for professional office operations.
Where is this office unit located?
The property is located at 834 King Highway 106 Kalamazoo, MI.
What are key features of this property?
This property features: 530 SF office suite; Three private offices; Located in downtown Kalamazoo
