603 Ransom StKalamazoo, MI 49007

  • Industrial properties
  • 0.71 AC
For Lease
$5.50/SF/YR View listing

Property Details for 603 Ransom St

Lot size
0.71 AC
Zone code
M-1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
06-16-298-001
APU
616298001

Description

This exceptional 9,200-square-foot industrial warehouse, situated in the heart of downtown Kalamazoo, Michigan, presents a unique opportunity for businesses seeking versatile space. The property boasts a clear-span design with impressive 16-foot ceilings, providing ample vertical clearance ideal for storage, manufacturing, or various workspace configurations. Four individual spaces are currently available, ranging in size from 2,000 to 34,848 square feet, offering flexibility to accommodate diverse business needs. The property sits on a generous 1.1-acre lot, providing ample secure outdoor space for parking, equipment storage, inventory management, or potential outdoor work areas. The building is equipped with power, and while water and gas are not currently connected, they are readily available at the street. To assist qualified tenants in customizing their space, a tenant improvement allowance is being offered. The M-1 zoning ensures a wide range of permissible uses. This prime location offers easy access to major highways and transportation routes, making it an attractive option for businesses seeking convenient logistics and accessibility. Ample parking is available on-site. One drive-in door facilitates efficient loading and unloading.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,543,542
    Hospitality
    $4,161,860
    Educational
    $3,462,619
    Medical
    $3,581,704
    Retail
    $5,386,296
603 Ransom St, Kalamazoo, Michigan
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Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2963
Longitude
-85.5914
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$2,381
-
-
$46,900
-
-
-
$93,800

FAQs

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