Financial
Distress signals
Property profile

3102 E Cork St Warehouse Kalamazoo, MI 49001

FOR LEASE
Other industrial properties
Property ID
US43-2191240
62,647 SF 34.35 ac lot
Last sale Oct 2019 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property includes an existing 19,562-square-foot warehouse building configured for heavy industrial use, with 26-foot ceilings, two overhead doors, and three cranes. The nearly 35-acre site is located just off Sprinkle Road near the I-94 exit and is zoned M-2 (General Manufacturing), the City’s most intensive manufacturing zoning designation. In addition to the existing warehouse, the site is set up to support built-to-suit development for customized facilities in a range of approximately…

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 · 2019

What does the county charge?
$23k
Tax billed · 2019
Assessed value · 2023$441k
Effective rate5.31%

Value estimate

· Sep 2026
$415k
$374k – $457k
NOI build-up
Gross scheduled income$432k
Vacancy & credit loss−$10k
Operating expenses−$126k
NOI · 9,079,815.38% cap applied$295k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
9,079,815.38%
$295k 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?
M-2
JurisdictionKALAMAZOO

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 agency21.9
Dental Office19.3
Law Firm18.3

Location

3102 E Cork St, Unit Warehouse Kalamazoo, MI 49001
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1603 Fulford, Kalamazoo, MI 49001-4008 $75,000 Dec 2023 40,045 SF
1001 2nd, Kalamazoo, MI 49001-2537 $167,000 Jan 2023 3,360 SF
1203 4th, Kalamazoo, MI 49001-2577 $30,000 Oct 2022 2,330 SF
1820 Lk, Kalamazoo, MI 49001-3200 $600,000 May 2022 52,459 SF
1809 Reed, Kalamazoo, MI 49001-4048 $75,000 Nov 2020 17,023 SF
1303 Fulford, Kalamazoo, MI 49001-3141 $40,792 Nov 2019 8,372 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message