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Financial
Distress signals
Property profile

5243 Wayne Rd Battle Creek, MI 49037

FOR LEASE
Other industrial properties
Property ID
US43-2334120
175,077 SF 16.94 ac lot Built 1980
Last sale Apr 2022 · $1,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of an approximately 81,900-square-foot manufacturing building with temperature-controlled space configured for production, shipping, and distribution. Office space is located along the south side of the building for administrative and operational use. Utility infrastructure includes an approximately 2,000-amp electrical service, 1,500 kVA power, and a 4-inch medium-pressure gas line. The facility is located at 5243 Wayne Road in Battle Creek, Michigan, and is identified as…

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.

Debts

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$440k
$396k – $484k
Submarket $/SF estimate$5.76M
NOI build-up
Gross scheduled income$883k
Vacancy & credit loss−$60k
Operating expenses−$247k
NOI · 8,291,755.40% cap applied$576k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$17 – $51

Cap rate analysis

How does the asset earn?
8,291,755.40%
$576k 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?
I2
I-2 Heavy Industrial District. 1240.18 S Spark District. 1240.19 Official zoning map and interpretation. 1240.20 District boundary uncert...
General categoryINDUSTRIAL
JurisdictionCALHOUN

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 agency9.5
Electrical Service9.3
Auto Repair Shop9.2

Location

5243 Wayne Rd Battle Creek, MI 49037
County assessor · not on file Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1290 Dickman, Springfield, MI 49037-4858 $3,411,633 Mar 2024 63,012 SF
126 Ave C, Springfield, MI 49037-8240 $625,000 Dec 2021 85,819 SF
5701 Dickman, Battle Creek, MI 49037-7310 $6,697,649 Oct 2021 123,288 SF
101 Bishop, Springfield, MI 49037-7759 $700,000 Sep 2021 30,000 SF
4535 Wayne, Springfield, MI 49037-7348 $700,000 Jul 2021 55,852 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
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More about this property
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