5990 Venture Park Dr Kalamazoo, MI 49009
For Sale
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Owner-user opportunity on Venture Park Drive, just off Stadium Drive in Oshtemo Township. This 6,800 SF office building sits on 1.236 acres in a market with limited opportunities for building ownership. The property is currently configured for a single tenant, but was previously occupied by two tenants and could be converted back to a multi-tenant layout, offering flexibility for an owner-user that may want to occupy all or a portion of the building. The building includes a functional mix of private offices, meeting rooms, open work areas, break room, storage, and 22 on-site parking spaces, equating to approximately 3.23 spaces per 1,000 SF. The existing tenant's lease runs through June 2027, providing a defined timeline for a future owner-user to plan for occupancy while benefiting from interim income during the remaining lease term. bikeScore: 31, Somewhat Bikeable walkScore: 15, Car-Dependent
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Chelsea Kishler Physician
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Megan Byers Rehabilitation Center
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Lisa Brown Rehabilitation Center
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Lynn Urban Physician
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Melanie Vanhouten Rehabilitation Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.