Industrial Flex
8750 Portage Industrial Drive, Portage, MI 49024
For Sale
$305,000
Commercial Sale, Portage, MI
Property Size1,339 SF
Lot Size0.33 Acres
Price / SF$227.78
Days on Market146
Property Features for 8750 Portage Industrial Drive
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Coldwell Banker Woodland Schmidt · Coldwell Banker Real Estate
(616) 396-5221
Listed By:
Veronica Ramirez Garcia
(616) 886-2797
Added: Jun 18
Changed: Oct 8
Last Checked: Nov 10 at 8:06AM
MLS# 26030239
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.
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Investment Insights
Based on property information with market context.
This 1,339-square-foot flex property combines warehouse space with an office area and bathroom, providing a mixed-use commercial layout within a compact building footprint. The structure was built in 1945 and features vinyl siding, forced-air heating, and central air conditioning. Cable service is available at the property.
Located at 8750 Portage Industrial Drive in Portage, Michigan, the property is positioned within an industrial corridor and offers access to major roadways. Its configuration is suited to industrial, manufacturing, distribution, contractor, service, or owner-user applications identified for the building.
Located at 8750 Portage Industrial Drive in Portage, Michigan, the property is positioned within an industrial corridor and offers access to major roadways. Its configuration is suited to industrial, manufacturing, distribution, contractor, service, or owner-user applications identified for the building.
Key Highlights
- 1,339‑square‑foot industrial/flex building
- Warehouse space paired with an office area
- Bathroom included within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,527
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,540
$490.5K
Cap Rate 7%
$350,386
$350.4K
Cap Rate 9%
$272,522
$272.5K
Market Conditions
NOI Build-Up for 1,339 SF
Gross rent
$29.6K $22.08/SF
− Vacancy
−$710 −$0.53/SF
EGI
$28.9K $21.55/SF
− OpEx
−$4.3K −$3.23/SF
NOI
$24.5K $18.32/SF
Area
Kalamazoo County, MI
Vacancy
2.40%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,540
Cap Rate 7%
$350,386
Cap Rate 9%
$272,522
Alternative Uses
Best Use
Warehouse
$350.4K
$306.6K – $408.8K
NOI $24,527 @ 7.0% cap · market cap 8.04%
Second Best
Industrial
$288.6K
$252.5K – $336.7K
NOI $20,199 @ 7.0% cap · market cap 6.62%
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?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 49024, MI
30,332
Population
13,232
Households
2.3
Avg Household Size
39
Median Age
51%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
1,763
Density / Sq Mi
$86,427
Median Household Income
$49,914
Median Earnings
$1,208
Median Rent
$248,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Kalamazoo County, MI
Properties on Market for Flex space in Kalamazoo County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- All Foods to Go Catering — 1807 Vanderbilt Ave, Portage, MI 49024
Frequently Asked Questions
What type of property is this?
Flex space - Compact industrial property combining warehouse, office, and bathroom space with central air and forced-air heating.
Where is this flex space located?
The property is located at 8750 Portage Industrial Drive Portage, MI.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1,339‑square‑foot industrial/flex building; Warehouse space paired with an office area; Bathroom included within the building
