7864 Moorsbridge RdPortage, MI 49024

Property Details for 7864 Moorsbridge Rd

Year built

1994

Lot size

1.98 AC

Property size (Sq ft)

5,435 SF

Zone code

PD

Property type

Commercial real estate

APN

10-00018-065-C

APU

1000018065C

Description

This exceptional medical office building, located at 7864 Moorsbridge Road in Portage, Michigan, presents a unique investment opportunity. The property boasts a total of 7,256 square feet, with 4,200 square feet currently available for lease. Situated on 1.98 acres of land, this Class B building, constructed in 1993, features a two-story design and ample parking. The available space is conveniently located on the garden level, offering stunning views of The Moors Golf Course. The suite includes a spacious reception/waiting area, perfect for patient interaction, eleven individual offices providing privacy for consultations or work, two bathrooms for convenience, and a dedicated file storage room for efficient record-keeping. The building's prime location in Woodbridge Hills, near Centre Ave, and its Kalamazoo County address (zip code 49024) offer excellent accessibility and visibility. This property is ideal for a variety of medical practices or other professional businesses seeking a collaborative and productive work environment. The building's upscale amenities and scenic views create an exceptional atmosphere for both staff and clients. This is a rare opportunity to secure a well-maintained, strategically located medical office space in a desirable area. Contact us today to learn more about this outstanding property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,158,520

  6.5%

  $1,069,400

  7%

  $993,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,909

  Geo Method

  $707,909

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,959,130

  Retail / Commercial

  $1,033,270

  Mixed-Use / Specialty

  $1,052,150

  Hospitality / Lodging

  $801,306

  Office

  $1,069,400

  Institutional / Educational

  $1,101,870

  Residential Income

  $1,289,190

  Multifamily

  $1,421,090

  Automotive / Energy

  $944,463

  Parking / Income-Based Land

  $303,629

  Restaurant / Food Service

  $595,388

  Healthcare / Senior Housing

  $1,055,820

Location Insight

City

Portage

County

Kalamazoo

State

Michigan

Latitude

42.2029

Longitude

-85.6342

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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