Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    & M-66 Beckley Rd Battle Creek, MI 49015
    Back to Search
    Property profile & analytics

    & M-66 Beckley Rd Battle Creek, MI 49015

    View on Map
    • Shopping malls
    • 9,236 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shopping malls

    Property Details for & M-66 Beckley Rd

    Property size
    9,236 SF
    Property type
    Shopping malls
    Property subtype
    Retail properties & Spaces

    Description

    Minges Brook Mall, located at the southwest corner of Beckley Road and M-66 in Battle Creek, Michigan (zip code 49015), presents a unique retail investment opportunity. This established shopping center boasts a total of 9,236 square feet, currently 100% vacant and available for lease. The property offers flexible space options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 8,036 square feet, catering to a variety of retail needs. Its prime location within Battle Creek's retail corridor ensures high visibility and accessibility, benefiting from a daily traffic count of 30,300 vehicles on M-66. The mall enjoys excellent proximity to Lakeview Square Mall, the only regional enclosed mall in the market, further enhancing its strategic position. Minges Brook Mall is already home to established tenants such as Target, ABC Warehouse, and Dollar Tree, demonstrating the area's strong retail performance. This property is situated in Calhoun County and offers exceptional potential for businesses seeking a prominent location in a thriving retail environment. The address is Beckley Road & M-66, Battle Creek, MI 49015.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.1811
    Latitude
    42.2611

    Comparable in this City

    • Value Estimation by Request
      12,544 SF

      2550 Capital SW Ave

      SHOPPING CENTER, STRIP CENTER • 12,544 SF
      2550 Capital SW Ave, Battle Creek, MI 49015-4289
      View Details
    • Value Estimation by Request
      70,385 SF

      30 Columbia E Ave

      SHOPPING CENTER, STRIP CENTER • 70,385 SF
      30 Columbia E Ave, Battle Creek, MI 49015-3737
      View Details
    • Value Estimation by Request
      55,864 SF

      1791 Columbia W Ave

      SHOPPING CENTER, STRIP CENTER • 55,864 SF
      1791 Columbia W Ave, Battle Creek, MI 49015-2856
      View Details
    • Value Estimation by Request
      12,000 SF

      590 Columbia W Ave

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      590 Columbia W Ave, Battle Creek, MI 49015-3399
      View Details
    • Value Estimation
      $545,000
      7,600 SF

      938 Columbia W Ave

      SHOPPING CENTER, STRIP CENTER • 7,600 SF
      938 Columbia W Ave, Battle Creek, MI 49015-3055
      View Details
    • Value Estimation
      $3,645,000
      102,265 SF

      5700 Beckley Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 102,265 SF
      5700 Beckley Rd, Battle Creek, MI 49015-4189
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakeview Square Mall Retail Opportunity

      Retail space available in Lakeview Square Mall, Battle Creek.
      5575 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $2,075,000
      32,105 SF

      Battle Creek Automotive Dealership Opportunity

      Expansive 32,000 SF commercial building on 7.5 acres.
      995 W Columbia Ave, Battle Creek, MI 49015
      View Details
    • Contact for pricing
      1,421 SF

      Turn-Key Battle Creek Provisioning Center

      Municipally approved Medical & Recreational Marijuana provisioning center in Battle Creek.
      190 N 20Th St, Battle Creek, MI 49015
      View Details
    • $375,000
      3,748 SF

      Versatile Commercial Building on Columbia Avenue

      Functional commercial building with showroom and warehouse space for sale.
      79 S 20Th St, Battle Creek, MI 49015
      View Details
    • $199,900
      960 SF

      Battle Creek Commercial Opportunity

      Commercial property near medical offices, hotels, restaurants, and I-94.
      4672 Beckley Rd, Battle Creek, MI 49015
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      72,222 SF

      Retail Space in Minges Creek

      Up to 19,790 SF available for lease.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • $16 SF/Yr
      72,222 SF

      Retail Space in Minges Creek

      Up to 19,790 SF available for lease in Battle Creek.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • $9 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available in community shopping center.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • $22 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available for lease.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • $9 SF/Yr

      Retail Space in Minges Creek

      Community shopping center space available for lease in Battle Creek.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    & M-66 Beckley Rd
    Battle Creek, MI 49015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    & M-66 Beckley Rd, Battle Creek, MI, 49015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!