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Property profile & analytics
FOR LEASE
Industrial properties

383 S Pitcher St Kalamazoo, MI 49007

2.27 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US43-2616375
Property summary
AI-generated overview

This exceptional Kalamazoo County property at 383 S. Pitcher St. offers a unique blend of industrial-style loft office and flexible space, perfect for a variety of businesses. The dramatic rehabilitation has resulted in a stunning, modern workspace spanning a total area ranging from 8,194 to 18,000 square feet. Currently, three individual spaces are available within this mixed-use building, providing options for businesses of varying sizes. The design lends itself ideally to medical practices or office spaces with industrial needs, offering a unique and adaptable environment. A key feature is the potential for an innovative indoor/outdoor office concept, allowing for seamless transitions between internal workspaces and external areas. The building's location in Kalamazoo County provides easy access to local amenities and transportation networks. This is a rare opportunity to secure high-quality, creatively designed office space in a vibrant and dynamic location. The property is classified as both Office and Industrial, reflecting its versatility and suitability for a wide range of commercial uses. The multiple tenancy structure allows for flexibility in leasing arrangements, catering to the specific needs of different businesses. Interested parties are encouraged to inquire about available space and lease terms.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 2.27 ac (98,881 SF)
Zoning code M-2
APN 06-15-469-003
UPID US43-2616375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ps 383 LLC · 10 yrs held
Ps 383 LLC
since 2016
2 recorded transactions
2017
Price N/A
2016
Price N/A
Zoning & alternative use
M-2 · Kalamazoo, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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