3700 Milham AvePortage, MI 49002

  • Industrial properties
  • 55,368 SF
For Lease
$5.95/SF/YR View listing

Property Details for 3700 Milham Ave

Year built
1949
Lot size
6.43 AC
Property size (Sq ft)
55,368 SF
Zone code
I-1
Property type
Industrial properties
APN
10-00012-090-O
APU
1000012090O

Description

This Portage, Michigan industrial property, located at 3700 E Milham Ave, offers 62,000 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The property features two buildings totaling 62,000 square feet, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 32,000 square feet. Currently, 32,000 square feet is vacant, presenting a significant opportunity. The main building boasts approximately 18,000 square feet of warehouse space, complemented by an additional 10,000 square feet in a secondary building. A modern 4,000 square foot office space is also included. The property sits on 6.43 acres of land and includes three loading docks, two drive-in doors, and 40 parking spaces. Built in 1949, the single-story buildings feature 24-foot ceilings and 460/3 power. The property is zoned I - Industrial and is conveniently located near Sprinkle Road in Kalamazoo County, Michigan, with easy access to major transportation routes. This exceptional property is perfect for businesses seeking efficient operations and ample space. The property's features include three overhead cranes, enhancing material handling capabilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,919,646
    Hospitality
    $10,918,331
    Educational
    $9,083,923
    Medical
    $9,396,333
    Retail
    $14,130,548

Location Insight

City
Portage
County
Kalamazoo
State
Michigan
Latitude
42.2293
Longitude
-85.5442
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, 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
2019
$17,836
-
-
$436,700
-
-
-
$873,400

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