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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Industrial properties
5575 Riverview Dr, Kalamazoo, MI 49004-1547
Entity Owned
~
Est. High Equity
Property ID
US43-2142033
Property summary
AI-generated overview
This exceptional Kalamazoo, MI industrial property offers 150,700 square feet of space across five buildings, situated on a substantial 23.54-acre lot. Built in 1953, the property features five loading docks and six drive-in doors, providing ample access for efficient operations. Currently vacant, this single-tenant facility is zoned I-3 and presents a unique opportunity for redevelopment or repurposing. The property's strategic location near downtown Kalamazoo, with convenient access to Grand Rapids, Chicago, and Detroit, offers a significant geographic advantage. While requiring capital investment for roof and shell improvements, the overall project cost remains significantly below market alternatives. The property's APN is 390235176020, and its address is 5575 N Riverview Dr, Kalamazoo, MI 49004, with a cross street of G Avenue. The property is being sold "as is".
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
12.6 ac (548,856 SF)
Zoning code
I3
APN
02-35-176-020
UPID
US43-2142033
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
$1.35M
Owner & transaction history
Clark Logistics Group Lxix LLC
Clark Logistics Group Lxix LLC
since 2025
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
I3 · Kalamazoo, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kalamazoo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kalamazoo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$78,503
Tax year 2019
Assessed value
$1,705,100
Assessed 2023
Previous assessed
$1,464,200
+16.5% YoY
Effective rate
4.60%
On assessed value
Total market value
$3,410,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Stories
1
Lot
12.6 ac (548,856 SF)
Zoning code
I3
APN
02-35-176-020
UPID
US43-2142033
Jurisdiction
KALAMAZOO
Zoning & alternative use
I3 · Kalamazoo, MI
Zoning I3 · permitted uses
I3 · Kalamazoo, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kalamazoo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
12.6 ac
Current owner
From public records · entity-resolved
Clark Logistics Group Lxix LLC
Entity
Mailing address
400 ROUSER RD STE #201, MOON TOWNSHIP, PA 15108-2749
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$1,350,000
Clark Logistics Group Lxix LLC
Hydro Extrusion USA LLC
Deed
$3,101,250 · Advia Cu
Jan 27, 2025
—
Hydro Extrusion USA LLC
Hydro Extrusion North America LLC
Quitclaim Deed
related
—
Aug 6, 2020
—
Hydro Extrusion USA LLC
Hydro Extrusion North America LLC
Quit Claim Deed
related
—
Feb 16, 2018
—
Hydro Extrusion North America LLC
Sapa Extrusions North America LLC
Quit Claim Deed
related
—
Jan 8, 2015
—
Sapa Extrusions North America LLC
North American Aluminum Corporation
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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