Property profile

2501 E Cork St Kalamazoo, MI 49001

FOR SALE
Industrial properties
Property ID
US43-2417535
2,640 SF 0.91 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use industrial property, located at 2501 E Cork in Kalamazoo, Michigan, presents a prime opportunity for business owners seeking a versatile and spacious location. The building encompasses 1,800 square feet and offers a functional layout seamlessly blending shop and office areas, ideal for a variety of business models. The exterior has recently been refreshed with a fresh coat of paint, enhancing its curb appeal and overall presentation. Situated on a generous 0.91-acre lot, the property provides ample space for expansion, outdoor storage, or additional development, catering to future growth needs. Its strategic location within Kalamazoo offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a prominent presence. The combination of a well-maintained building, a sizable lot, and a desirable location makes this property an exceptional investment opportunity. The flexible layout allows for customization to suit specific business requirements, providing the space and adaptability needed for success. This is a rare chance to acquire a property with significant potential in a thriving Kalamazoo market. The asking price is $350,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 2,640 SF
Lot 0.91 ac (39,640 SF)
Zoning code M-1
APN 06-25-372-001
UPID US43-2417535

Cap rate & NOI

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

Location

2501 E Cork St Kalamazoo, MI 49001
Kalamazoo metro Census 1801 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

M-1 · Kalamazoo, MI

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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