Entity Owned Property summary
Renovated 636-square-foot office space is located on a 1.1-acre parcel near the intersection of Milham Road and Oakland Drive in Portage, Michigan. The interior layout includes one private office, two open work areas, a bathroom, and a kitchenette with updated cabinets and countertops. The building includes a full basement and a rear entrance with ADA compliance via a ramp. Parking for approximately 15 vehicles is provided behind the building, and the property features high-visibility pylon signage with a digital board positioned along a well-traveled corridor.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Subdivision 5. - OS-1 Office Service District Sec. 42-240. - Intent. The OS-1 office service district is designed to accommodate office and institutional land use activities and are planned to serve as transitional areas…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
OS-1 · Portage, MISubdivision 5. - OS-1 Office Service District Sec. 42-240. - Intent. The OS-1 office service district is designed to accommodate office and institutional land use activities and are planned to serve as transitional areas…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Subdivision 5. - OS-1 Office Service District Sec. 42-240. - Intent. The OS-1 office service district is designed to accommodate office and institutional land use activities and are planned to serve as transitional areas…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OS-1 in Portage, MI.
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