Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7500 Tower Rd Battle Creek, MI 49014-7532

    • Office buildings
    • 2,577 SF
    • 21.62 lot acres
    OFF-MARKET
    Last Sale
    Jul 12, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-2276306
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ferrellgas / Propane Supplier / Industrial Gas Supplier

    Property Details for 7500 Tower Rd

    Lot size
    21.62 lot acres
    Property size
    2,577 SF
    Zone code
    GC
    Property type
    Office buildings
    APN
    10-020-003-02
    APU
    1002000302

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.1512
    Latitude
    42.2863
    CBSA code
    12980
    CBSA name
    BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,166
    $0.00
    $0.00
    $144,710
    -
    $0.00
    $0.00
    $289,420

    Comparable in this City

    • Value Estimation by Request
      960 SF

      14 Lyda St

      OFFICE BUILDING • 960 SF
      14 Lyda St, Battle Creek, MI 49014-5108
      View Details
    • Value Estimation by Request
      3,066 SF

      436 Porter St

      OFFICE BUILDING • 3,066 SF
      436 Porter St, Battle Creek, MI 49014-6806
      View Details
    • Value Estimation by Request
      1,473 SF

      395 Shr Dr Ste, Unit 204

      OFFICE BUILDING • 1,473 SF
      395 Shr Dr Ste, Battle Creek, MI 49014-5466
      View Details
    • Value Estimation by Request
      1,938 SF

      7055 Tower Rd E E Ste

      OFFICE BUILDING • 1,938 SF
      7055 Tower Rd E E Ste, Battle Creek, MI 49014-8604
      View Details
    • Value Estimation by Request
      20,230 SF

      621 Clf St

      OFFICE BUILDING • 20,230 SF
      621 Clf St, Battle Creek, MI 49014-6412
      View Details
    • Value Estimation by Request
      3,093 SF

      501 Columbia E Ave

      OFFICE BUILDING • 3,093 SF
      501 Columbia E Ave, Battle Creek, MI 49014-5412
      View Details

    Similar Nearby for Sale

    • $199,900
      1,743 SF

      Former Bank Building For Sale

      Historic corner brick building, former bank, with modern updates.
      1414 E Michigan Ave, Battle Creek, MI 49014
      View Details
    • $1,200,000
      10.00 Acres

      Battle Creek Commercial Land

      10-Acre Commercial Property, High Traffic Area
      12967 Michigan Ave, Battle Creek, MI 49014
      View Details
    • $399,999
      7,089 SF

      Freestanding Retail Building For Sale

      Freestanding retail building with expansion potential and high traffic exposure.
      1200 Columbia Ave E, Battle Creek, MI 49014
      View Details
    • $590,000

      Commercial Land Near Harper Village

      Commercial land for sale in Emmett Twp near Harper Village.
      Beckley Rd, Battle Creek, MI 49014
      View Details
    • $284,900
      1,806 SF

      Redone Commercial Building For Sale

      Totally redone commercial building, includes contents, perfect location.
      714 Main St, Battle Creek, MI 49014
      View Details
    • $899,000
      1.35 Acres

      Battle Creek Commercial Land - 1.35 Acres

      Prime Commercial Land, High-Traffic Location
      6453 B Dr, Battle Creek, MI 49014
      View Details

    Similar Nearby for Lease

    • $400 /Mo
      182 SF

      Battle Creek Office Suite Rental

      Private office suite with shared amenities available for lease.
      7100 Tower Rd, Battle Creek, MI 49014
      View Details
    • $9 SF/Yr
      4,576 SF

      Versatile Stand-Alone Building Available

      Adaptable building suitable for gym, learning center, or storage.
      E Dr N 7085, Battle Creek, MI 49014
      View Details
    • $3,500 /Mo
      3,257 SF

      Battle Creek Office Space Available

      Well-maintained office space near I-94 interchange in Battle Creek.
      14250 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • $1,500 /Mo
      1,479 SF

      Battle Creek Office Space For Rent

      1479 sq ft office space available for $1500/month.
      510 E Columbia Ave, Battle Creek, MI 49014
      View Details
    • $4 SF/Yr
      47,772 SF

      Spacious Industrial Building For Lease

      47,000 sq ft industrial building with ample space.
      280 S Edison St, Battle Creek, MI 49014
      View Details
    • Contact for pricing
      474 SF

      Meijer In-Store Retail Space

      474 sq ft, prime retail location
      6405 B Dr, Battle Creek, MI 49014
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7500 Tower Rd
    Battle Creek, MI 49014-7532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.