10-Acre Commercial Property Near Blue
12967 E Michigan Ave Battle Creek, MI 49014
12967 E Michigan Ave, Battle Creek, MI, 49014
Contact for pricing
For Sale
Contact for pricing
Prime commercial land near Blue Oval Battery Park in Marshall.
Property Size6,400 SF
Lot Size10.00 Acres
Price / SF$187.50
Days on Market812
Property Features for 12967 E Michigan Ave
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 10.00 Acres
- Property subtype
- Land
Listing agency
MDM Realty - Matt Miller -Pro
(269) 267-7406
Listed by
Matthew Miller · License #MI 6501432246
Source
Crexi
Added: May 1, 2024 Updated: Jul 6 at 7:47AM Checked: Jul 19 at 9:03AM
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 MDM Realty - Matt Miller -Pro
Investment Insights
Based on property information with market context.
This 10-acre commercial property is located within a mile of the Blue Oval Battery Park in Marshall, at the intersection of 13 Mile and Michigan Avenue. The property features 1400 feet of road frontage on Michigan Avenue and an additional 330 feet on 13 Mile Road. Currently zoned for Highway Services, it is the largest property of its kind in the area. Permitted uses include gas stations, hotels, restaurants, office spaces, retail outlets, car lots, and various other commercial ventures. The property includes a habitable two-story dwelling currently inhabited by the owners, two outbuildings, and an 80 x 80 steel construction building. The steel building has several overhead doors and office space, and serves as an operational agricultural equipment repair facility. Both the residence and repair facility have separate septic systems. This property offers a combination of location, size, road frontage, existing infrastructure, and zoning permissions suitable for diverse development endeavors.
Key Highlights
- Prime Location: Situated within a mile of the Blue Oval Battery Park in Marshall, offering significant commercial potential.
- Size and Zoning: 10‑acre property, the largest of its kind in the area, zoned for Highway Services, allowing for diverse commercial uses.
- Extensive Road Frontage: Boasts 1400 feet of frontage on Michigan Avenue and 330 feet on 13 Mile Road, providing excellent visibility and access.
Local Financial Insights For Specialty Retail
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 | $99.1k | $15.48 |
| − Vacancy | −$4.2k | −$0.65 |
| EGI | $94.9k | $14.83 |
| − OpEx | −$23.7k | −$3.71 |
| NOI | $71.2k | $11.12 |
6,400 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.02M
$889.8K – $1.19M
NOI $71,183 @ 7.0% cap · market cap 5.93%
Second Best
Office B
$1.01M
$881.3K – $1.18M
NOI $70,505 @ 7.0% cap · market cap 5.88%
Theoretical Best
Healthcare Medical
$75.92M
$66.43M – $88.57M
NOI $5,314,336 @ 7.0% cap · market cap 442.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Prime commercial land near Blue Oval Battery Park in Marshall.
Where is this commercial land located?
The property is located at 12967 E Michigan Ave Battle Creek, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Location: Situated within a mile of the Blue Oval Battery Park in Marshall, offering significant commercial potential.; Size and Zoning: 10‑acre property, the largest of its kind in the area, zoned for Highway Services, allowing for diverse commercial uses.; Extensive Road Frontage: Boasts 1400 feet of frontage on Michigan Avenue and 330 feet on 13 Mile Road, providing excellent visibility and access.
