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    8135 Dr Portage, MI 49002

    Sponsored
    For Lease
    $14 SF/Yr

    Versatile suites, ideal for startups

    Lot size:
    46,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Portage, MI property, located at 8135 Cox's Dr, 49002, offers 46,424 square feet of combined retail, office, and industrial space within a single, two-story building. Built in 1951 and renovated in 1980, the property sits on an 8-acre lot and is zoned I-1 (Light Industrial). The building features a mix of traditional office and warehouse space, currently divided into six suites, with multiple tenancy options available. Individual suite sizes range from a minimum of 250 square feet to a maximum contiguous space of 870 square feet

    Property Features for 8135 Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,424 SF
    Total Rate
    54161.33

    Building Details

    Year Built/Renovated
    1951/1980
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    205
    Size
    250 SF
    Rate per SF
    $14
    Space
    403
    Size
    870 SF
    Rate per SF
    $144
    Space
    405
    Size
    870 SF
    Rate per SF
    $144
    Space
    211
    Size
    730 SF
    Rate per SF
    $168
    Space
    107
    Size
    728 SF
    Rate per SF
    $168

    HighLights

    • Below‑market lease rates available for office space.
    • Prime Portage location near Centre Street and Portage Road.
    • Warehouse space with convenient truck access.
    • Tenant improvements offered to qualified tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.55048003
    Latitude
    42.19845345

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    FAQs

    What type of property is this?
    Distribution property - Versatile suites, ideal for startups
    Where is this distribution property located?
    The property is located at 8135 Dr Portage, MI.
    What is the lease rate?
    The lease rate is $14-$168 SF/Yr.
    What are key features of this property?
    This property features: Below-market lease rates available for office space.; Prime Portage location near Centre Street and Portage Road.; Warehouse space with convenient truck access.
    Request Owner's contact information
    8135 Dr Portage, MI 49002
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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
    8135 Dr Portage, MI 49002
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