Financial
Distress signals
Property profile

101 Bishop Dr Battle Creek, MI 49037

FOR SALE
Other industrial properties
Property ID
US43-2217781
30,000 SF 8.32 ac lot Built 1973
Last sale Sep 2021 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of an industrial campus with two warehouse buildings featuring open layouts, good ceiling heights, and strong electrical power. Building 1 contains approximately 30,000 square feet, and Building 2 contains approximately 11,600 square feet, creating two distinct structures on one site. The site includes outdoor parking and storage areas, and the available site area provides potential for expansion. Site work has included cleanup, with repairs and painting underway, along with improvements to the parking lot and landscaping.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2024$271k
Effective rate4.65%

Value estimate

· Sep 2026
$700k
$630k – $770k
Submarket $/SF estimate$764k
NOI build-up
Gross scheduled income$394k
Vacancy & credit loss−$27k
Operating expenses−$110k
NOI · 28.62% cap applied$257k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$17 – $51

Cap rate analysis

How does the asset earn?
28.62%
$257k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IRT
General categoryINDUSTRIAL
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.5
Restaurant12.5
Law Firm12.2

Location

101 Bishop Dr Battle Creek, MI 49037
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 Hamblin W, Battle Creek, MI 49037-8429 $150,000 May 2023 15,943 SF
47 Grand Trunk, Battle Creek, MI 49037-8432 $50,000 Jul 2022 25,359 SF
409 Upton, Battle Creek, MI 49037-8414 $127,000 Jan 2022 15,178 SF
4535 Wayne, Springfield, MI 49037-7348 $700,000 Jul 2021 55,852 SF
226 28th N, Springfield, MI 49037-7968 $330,000 Apr 2021 18,593 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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