Financial
Distress signals
Property profile

22 W Michigan Ave Battle Creek, MI 49017

FOR SALE
Retail space
Property ID
US43-2340631
16,422 SF 0.13 ac lot Built 1909
Last sale Sep 2022
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 is a 16,422-square-foot, three-story retail/mixed-use building situated on a 0.131-acre site. It is configured for multiple income-generating uses, with the first floor arranged for street-level retail and a full basement used for storage. The building has had roofing and HVAC updates completed within the last five years. The property is located in Downtown Battle Creek, approximately one mile from I-194 and less than five miles from I-94, with street parking available along the…

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

What does the county charge?
Assessed value · 2024$230k

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$254k
Vacancy & credit loss−$11k
Operating expenses−$73k
NOI · 17.06% cap applied$170k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$28 – $92

Cap rate analysis

How does the asset earn?
17.06%
$170k 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?
T5
HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12 B-2 REGIONAL COMMERCIAL DISTRICT. 1240.13 T-3 NE...
General categoryCOMMERCIAL
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 agency24.1
Restaurant15.3
Storage Facility14.0

Location

22 W Michigan Ave Battle Creek, MI 49017
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
99 Michigan W, Battle Creek, MI 49017-3605 $78,000 Apr 2025 5,610 SF
72 Nn, Battle Creek, MI 49017-3415 $120,000 Oct 2021 10,239 SF
46 Michigan W, Battle Creek, MI 49017-3604 $395,000 Sep 2021 6,209 SF
600 Nn, Battle Creek, MI 49017-3249 $1,751,831 Mar 2021 10,680 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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