Financial
Distress signals
Property profile

3408 Miller Rd Kalamazoo, MI 49001

FOR LEASE
Other commercial real estate
Property ID
US43-2380911
14,976 SF 0.76 ac lot
Last sale Sep 2022 · $11,687
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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

3408 Miller Road is an office property constructed in 1971 and is positioned along Miller Road. The building contains multiple office suites ranging from approximately 300 SF to 2,800 SF, with smaller suites featuring access to shared kitchenettes and shared restrooms. Larger suites include private restrooms, and suite layouts support professional, administrative, and client-facing office use. The property offers parking for employees and visitors and provides opportunities for exterior signage, particularly for the larger suite.

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?
$8k
Tax billed · 2019
Assessed value · 2023$145k
Effective rate5.71%

Value estimate

· Sep 2026
$490k
$441k – $539k
Submarket $/SF estimate$529k
NOI build-up
Gross scheduled income$216k
Vacancy & credit loss−$16k
Operating expenses−$50k
NOI · 1,250,791.67% cap applied$150k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$35 – $85

Cap rate analysis

How does the asset earn?
1,250,791.67%
$150k 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-1
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.5
Law Firm11.2
Realty agency10.2

Location

3408 Miller Rd Kalamazoo, MI 49001
County assessor Recorded deeds · 7 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1336 Portage, Kalamazoo, MI 49001-3051 $640,000 Apr 2025 22,122 SF
1433 Lakeway, Kalamazoo, MI 49001-4975 $770,000 Apr 2025 5,394 SF
1019 Schuster, Kalamazoo, MI 49001-3209 $90,000 Mar 2025 7,580 SF
2734 Miller, Kalamazoo, MI 49001-4167 $330,000 Jan 2025 5,952 SF
2907 Burdick, Kalamazoo, MI 49001-3762 $2,936,429 Jan 2025 15,405 SF
929 2nd, Kalamazoo, MI 49001-2537 $338,500 Jan 2025 13,624 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