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    OFF-MARKET
    Industrial properties

    6190 Riverview Dr, Kalamazoo, MI 49004-1574

    17,245 SF 3.5 ac lot
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-2350751
    Property summary
    AI-generated overview

    This exceptional 17,228-square-foot industrial property, located at 6190 N Riverview Drive in Kalamazoo, Michigan, presents a compelling investment opportunity. Priced at $749,000, this vacant building sits on a 3.5-acre lot (APN: 02-25-351-025) and offers versatile space suitable for various uses, including distribution, manufacturing, and warehousing. The building features a well-appointed office area with four individual offices, a reception area, and restrooms. The expansive assembly/shipping and receiving area measures approximately 120 feet by 60 feet and includes an 8-foot overhead door. Ceiling heights range from 8 to 11 feet, providing ample clearance. The property benefits from HVAC in both the office and shop areas, a 600-amp electrical service, an EPS alarm system, fire detection, a newer electric water heater, abundant natural light, and a durable steel roof. Conveniently located five miles north of Kalamazoo and seven miles from US-131, this property offers easy access to major transportation routes. City water and a septic system are in place. This property is ideal for businesses seeking a functional and well-equipped space in a strategic location. The property's diverse features and prime location make it an attractive option for a wide range of industrial operations.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 17,245 SF
    Lot 3.5 ac (152,460 SF)
    Zoning code I1
    APN 02-25-351-025
    UPID US43-2350751
    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
    Current use
    Occupant on record · Public records
    • Bond Tool & Engineering Industrial Manufacturer
    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
    Undergroundd Building Maintenance L · 2 yrs held
    Undergroundd Building Maintenance L
    since 2024
    Last sale
    $200,000
    3 recorded transactions
    2024
    $200,000
    2022
    2018
    Zoning & alternative use
    I1 · Kalamazoo, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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