Property profile

50 Knapp Dr Battle Creek, MI 49015

FOR LEASE
Retail space
Property ID
US43-2425245
5,452 SF 1.43 ac lot Built 1997
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,748-square-foot retail or restaurant space is available for lease at 50 Knapp Drive in Battle Creek, Michigan. Situated on a generous 1.86-acre lot, this single-tenant building offers ample space for a variety of commercial uses. Built in 2000, the property is zoned C-6, providing flexibility for a range of businesses. The entire building is currently vacant, presenting a unique opportunity for a business to establish a prominent presence in a thriving area. The property's location in Calhoun County, with easy access via Knapp Drive, ensures high visibility and convenient access for customers. The building's substantial size and ample parking provide a comfortable and accommodating environment for both employees and patrons. This is an ideal opportunity for a business seeking a well-located, spacious, and readily available commercial property in Battle Creek. The property's 2000 construction date suggests a relatively modern building with potential for minimal renovation needs. The C-6 zoning designation should be verified with the local authorities to ensure compliance with intended business operations. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property's suitability for their specific needs. The address is 50 Knapp Dr, Battle Creek, MI 49015.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 5,452 SF
Lot 1.43 ac (62,334 SF)
Zoning code B2
APN 0076-00-870-0
UPID US43-2425245

Cap rate & NOI

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

Location

50 Knapp Dr Battle Creek, MI 49015
Battle Creek metro Census 1801 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2020
Last sale
$100,000
6 recorded transactions
2020
$100,000
2020
Price N/A
2020
Price N/A
2019
Price N/A
2015
Price N/A
2014
Price N/A

Zoning & alternative use

B2 · Battle Creek, MI
Zoning description

Y RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12…

General category COMMERCIAL

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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