Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10 Division N St Battle Creek, MI 49014-4004

    • Office buildings
    • 58,992 SF
    • 2.39 lot acres
    OFF-MARKET
    Last Sale
    Jan 05, 2023
    Value Estimations
    $4,350,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-2251987
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Risk Management / City Government Office
    • Water Billing / Water Utility Company
    • Battle Creek Data Processing / City Government Office
    • CLERK - BATTLE CREEK CITY / City Government Office
    • Battle Creek Contract Compliance / City Government Office

    Property Details for 10 Division N St

    Year built
    1914
    Lot size
    2.39 lot acres
    Property size
    58,992 SF
    Zone code
    T5
    Property type
    Office buildings
    APN
    2620-01-001-0
    APU
    2620010010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,349,000
      Market price range: $1.99M - $6.27M
      AI Estimate
      $4,349,000
      Market price range: $1.99M - $6.27M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,350,000
      Current use
      RESTAURANT
      $4,900,000
      Change: +13% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,985,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $3,490,000
      Change: -20% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.1789
    Latitude
    42.3168
    CBSA code
    12980
    CBSA name
    BATTLE CREEK, 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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      960 SF

      14 Lyda St

      OFFICE BUILDING • 960 SF
      14 Lyda St, Battle Creek, MI 49014-5108
      View Details
    • Value Estimation by Request
      3,066 SF

      436 Porter St

      OFFICE BUILDING • 3,066 SF
      436 Porter St, Battle Creek, MI 49014-6806
      View Details
    • Value Estimation by Request
      1,473 SF

      395 Shr Dr Ste, Unit 204

      OFFICE BUILDING • 1,473 SF
      395 Shr Dr Ste, Battle Creek, MI 49014-5466
      View Details
    • Value Estimation by Request
      1,938 SF

      7055 Tower Rd E E Ste

      OFFICE BUILDING • 1,938 SF
      7055 Tower Rd E E Ste, Battle Creek, MI 49014-8604
      View Details
    • Value Estimation by Request
      1,678 SF

      485 Columbia Ave E Ste, Unit 10

      OFFICE BUILDING • 1,678 SF
      485 Columbia Ave E Ste, Battle Creek, MI 49014-5462
      View Details
    • Value Estimation by Request
      2,474 SF

      601 Shr Dr, Unit 121

      OFFICE BUILDING • 2,474 SF
      601 Shr Dr, Battle Creek, MI 49014-5440
      View Details

    Similar Nearby for Sale

    • $1,100,000
      11,061 SF

      High-Visibility Commercial Opportunity in Battle Creek

      Well-maintained commercial property with diverse tenant mix and excellent accessibility.
      12898 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • $1,100,000

      High-Visibility Commercial Opportunity For Sale

      Well-maintained commercial property with diverse tenant mix and high visibility.
      12898 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • Contact for pricing

      10-Acre Commercial Property Near Blue Oval

      Prime commercial land near Blue Oval Battery Park in Marshall.
      12967 E Michigan Ave, Battle Creek, MI 49014
      View Details
    • Contact for pricing
      2,976 SF

      Office/Retail/Development Site Near I-94

      Office/retail and/or development site located near I-94.
      14615 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • $250,000
      2,872 SF

      Battle Creek Commercial Opportunity

      Commercial building with office suites and apartment near Goguac Lake.
      439 W Columbia Ave, Battle Creek, MI 49014
      View Details
    • $200,000
      Pending

      Versatile Office Space Near M-66

      Office space with multiple rooms, adaptable to various business types.
      835 Golden Ave, Battle Creek, MI 49014
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      1,938 SF

      Battle Creek Office Space Available

      Functional 1,938 SF office space in Battle Creek.
      7055 Tower Rd, Battle Creek, MI 49014
      View Details
    • New
      $3,500 /Mo
      Pending

      Battle Creek Office Space Available

      Well-maintained office space near I-94 interchange in Battle Creek.
      14250 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • Contact for pricing

      Retail Space Inside Meijer Store

      Prime retail opportunity with high visibility and customer traffic.
      6405 B Dr N, Battle Creek, MI 49014
      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.
    10 Division N St
    Battle Creek, MI 49014-4004
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!