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    7951 12Th St Portage, MI 49024

    Sponsored
    For Lease
    $28 SF/Yr

    Class A, 53,070 SF, Multiple Suites Available

    Lot size:
    53,070 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, located at 7951 S 12th St in Portage, Michigan, offers 53,070 square feet of versatile space across two stories. The property boasts a prime location with high visibility at the US-131 and Centre Avenue intersection, providing excellent access to both Texas Township and the Centre Street corridor. The building is zoned OS-1 and comprises one building with four total suites, currently fully vacant. Individual suites range from a minimum of 4,215 square feet to a maximum contiguous space of 26,992 square feet, offering flexibility for various medical or professional practices. The modern design and contemporary finishes are suitable for any entity seeking a prestigious Class A space. The property is situated in Kalamazoo County, Michigan, with a zip code of 49024. This presents a unique opportunity for businesses seeking a high-profile location with ample space to accommodate growth. The building's strategic location and modern amenities make it an ideal choice for medical practices, investment firms, or other professional organizations seeking a prominent presence in a thriving area. The property's size and layout offer significant potential for customization and adaptation to meet specific business needs. This is a rare opportunity to secure a substantial, high-quality space in a highly desirable location.

    Property Features for 7951 12Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,070 SF
    Class
    A
    Total Rate
    126041.25

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite A
    Size
    4,215 SF
    Rate per SF
    $28
    Space
    Suite B
    Size
    8,367 SF
    Rate per SF
    $28
    Space
    Suite C
    Size
    13,496 SF
    Rate per SF
    $28
    Space
    Suite D
    Size
    26,992 SF
    Rate per SF
    $28

    HighLights

    • 53,070 SF Class A medical office building in Portage, MI.
    • High‑visibility location at US‑131 and Centre Ave intersection.
    • Four suites available, ranging from 4,215 SF to 26,992 SF.
    • Modern design and finishes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility Garden Center Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.6481488
    Latitude
    42.2015642

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    FAQs

    What type of property is this?
    Medical office - Class A, 53,070 SF, Multiple Suites Available
    Where is this medical office located?
    The property is located at 7951 12Th St Portage, MI.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 53,070 SF Class A medical office building in Portage, MI.; High-visibility location at US-131 and Centre Ave intersection.; Four suites available, ranging from 4,215 SF to 26,992 SF.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    7951 12Th St Portage, MI 49024
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