Property profile

1617 Portage St Kalamazoo, MI 49001

OFF-MARKET
Commercial real estate
Property ID
US43-2358045
5,825 SF 0.2 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 5,825 SF
Lot 0.2 ac (8,712 SF)
Zoning code CC
APN 06-22-494-003
UPID US43-2358045

Cap rate & NOI

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

Location

1617 Portage St Kalamazoo, MI 49001-3805
Kalamazoo metro Census 1002 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2008
1 recorded transaction
2008
$280,000

Zoning & alternative use

CC · Kalamazoo, MI
Zoning description

CC - Commercial, Community CCBD - Commercial Central Business CBTR - Commercial, Business, Technology and Research 2022-06-15 All commercial zoning district names begin with the letter "C," which is a short-hand referenc…

General category MIXED_USE

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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