8850 Shaver RdPortage, MI 49024

Property Details for 8850 Shaver Rd

Lot size

67.55 AC

Zone code

B-3

Property type

Commercial real estate

APN

10-09901-185-B

APU

1009901185B

Description

This exceptional 3,785 square foot retail space is available for lease in Portage, Michigan. Located at 8850 Shaver Road, this property offers unparalleled visibility and accessibility within Kalamazoo County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in a thriving commercial area. The property is classified as retail commercial space with multiple tenancy potential. The building's total square footage is 3,785 square feet, all of which is currently available. This presents a blank canvas for a business seeking to create a customized space to meet its specific needs. The property's location in Portage, MI, zip code 49024, offers convenient access to major roadways and a strong customer base. The address is easily identifiable and highly visible, ensuring maximum exposure for any business occupying the space. This is an ideal opportunity for a retailer seeking a prominent location with high traffic volume. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail space. The property is situated in Kalamazoo County, Michigan, providing access to a robust local economy and a diverse consumer market.

• CAP approach

  CAP return

  Valuation

  6%

  $627,214,000

  6.5%

  $578,967,000

  7%

  $537,612,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,258,000

  Geo Method

  $383,258,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,060,660,000

  Retail / Commercial

  $559,404,000

  Mixed-Use / Specialty

  $569,626,000

  Hospitality / Lodging

  $433,822,000

  Office

  $578,967,000

  Institutional / Educational

  $596,548,000

  Residential Income

  $697,961,000

  Multifamily

  $769,370,000

  Automotive / Energy

  $511,327,000

  Parking / Income-Based Land

  $164,383,000

  Restaurant / Food Service

  $322,340,000

  Healthcare / Senior Housing

  $571,613,000

Location Insight

City

Portage

County

Kalamazoo

State

Michigan

Latitude

42.1883

Longitude

-85.6056

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].