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Financial
Distress signals
Property profile

131 E Columbia Ave Battle Creek, MI 49015

FOR LEASE
Office buildings
Property ID
US43-2354541
21,225 SF 1.57 ac lot Built 1968
Last sale Jul 2016 · $810,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a commercial office building located in a high-traffic commercial area, featuring multiple office units sized from 140 square feet to 1,600 square feet, with the potential for larger configurations depending on how suites are combined. The building provides elevator service and is accessible, with ample lighted parking on site. Units are configured for office use under a gross-leased structure, with utilities included except for phone and internet services. The site is served…

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.

Debts

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

What does the county charge?
Assessed value · 2024$634k

Value estimate

· Oct 2026
$755k
$680k – $831k
Submarket $/SF estimate$1.43M
NOI build-up
Gross scheduled income$362k
Vacancy & credit loss−$50k
Operating expenses−$78k
NOI · 1,798,630.77% cap applied$234k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$34 – $106

Cap rate analysis

How does the asset earn?
1,798,630.77%
$234k 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?
B1
ENTIAL DISTRICT. 1240.07 R-1B SINGLE-FAMILY RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMIL...
General categoryCOMMERCIAL
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.1
Wholesale Shop12.9
Storage Facility11.3

Location

131 E Columbia Ave Battle Creek, MI 49015
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3566 Capital SW, Battle Creek, MI 49015-7387 $1,500,000 Nov 2022 6,696 SF
693 Capital SW, Battle Creek, MI 49015-5024 $1,015,000 Oct 2022 12,800 SF
7 Heritage Oak, Battle Creek, MI 49015-4283 $525,000 Jun 2022 12,656 SF
71 20th S, Battle Creek, MI 49015-2950 $425,000 May 2022 6,912 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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