Property profile

3810 Cork Street Ct Kalamazoo, MI 49001

OFF-MARKET
Retail properties & Spaces
8,069 SF 2.55 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional 8,069-square-foot restaurant property presents a unique investment opportunity in Kalamazoo County. Situated on a sizable 2.549-acre lot at 3810 E Cork Street, this single-tenant building boasts high visibility and accessibility due to its strategic location at the Sprinkle Road and I-94 interchange. The property benefits from recent road improvements, including new turning circles, ensuring smooth traffic flow. High traffic counts are a key advantage, with an Average Daily Traffic (ADT) of 29,531 on Sprinkle Road and 45,222 on I-94, providing significant exposure to potential customers. Built in 1988, this Class C building offers approximately 164 parking spaces, catering to the needs of patrons and employees. The property's location offers proximity to several key attractions and businesses, including the Wings Event Center, Midlink Business Park, Zeigler Motorsports, Kalamazoo/Battle Creek International Airport, Stryker, and Pfizer, creating a vibrant and dynamic surrounding area. This versatile property is ideal for a variety of uses, from a thriving restaurant to other commercial ventures. The substantial land area allows for potential expansion or redevelopment, making it an attractive proposition for investors seeking a high-traffic location with significant growth potential. The single-story building provides efficient layout and easy accessibility. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1988
Total area 8,069 SF
Lot 2.55 ac (111,034 SF)

Cap rate & NOI

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

Location

3810 Cork Street Ct Kalamazoo, MI 49001
Kalamazoo metro
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Value estimations

Realmo proprietary · 4 methods
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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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