Property profile

678 Maple Hill Dr Kalamazoo, MI 49009

OFF-MARKET
Retail properties & Spaces
20,206 SF 1.91 ac lot Built 1982
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Property summary

AI-generated overview

West Main Place, located at 678 Maple Hill Drive in Kalamazoo, Michigan, offers 20,206 square feet of retail and office space in a single, two-story Class B building constructed in 1982. This flex space property sits on a 1.91-acre lot (83,200 square feet) and features 137 parking spaces. The property boasts a convenient location in Kalamazoo's Oshtemo submarket, near Western Michigan University and Kalamazoo College, with excellent visibility along West Main Street (a major thoroughfare with over 26,423 daily drivers). The zoning is C - Local Business District, and the property is served by Consumers Energy. The property benefits from its proximity to numerous national retailers, including Target, Dunham's Sports, and others, creating a strong retail environment. The area demonstrates robust demographics, with over 110,408 people residing within a five-mile radius, boasting an average household income exceeding $68,916 and over $2 billion in annual consumer spending. The Oshtemo area is experiencing significant growth, projected at 3.1% over the next five years. Available spaces range from 1,300 to 2,230 square feet, offering customizable options for tenants. Property taxes are $1.78 per square foot. The building has a load factor of 1 and a building FAR of 0.24. The property's APN is 05-13-403-010. This location provides ample opportunities for prominent brand exposure and is ideal for businesses seeking high visibility and access to a substantial consumer base.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1982
Total area 20,206 SF
Lot 1.91 ac (83,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center

Location

678 Maple Hill Dr Kalamazoo, MI 49009
Kalamazoo metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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