3620 Capital AveBattle Creek, MI 49015

For Lease
$13/SF/YR View listing
  • Medical offices
  • 5,702 SF

Property Details for 3620 Capital Ave

Year built
1997
Lot size
0.81 AC
Property size (Sq ft)
5,702 SF
Zone code
MFR
Property type
Medical offices
Property subtype
Medical centers
APN
0085-00-913-0
APU
85009130

Description

This single-story, 5,702 square foot Class B office building is situated on 0.81 acres in Battle Creek, Michigan. Built in 1997, the property features a 10-foot ceiling height and is zoned O-1 Office. Currently configured as a medical office with multiple exam rooms, a procedure room, break room, and private offices, it offers both common and private entrances, ideal for multi-tenant occupancy. The available 2,776 square foot suite is adjacent to an established dental practice. The building is located in a park-like setting within a medical cluster near Brookside Medical Center, providing a professional environment. While currently built out for medical use, the owner is open to renovations for alternative uses. The property's APN is 130085009130 and is located at 3620 Capital Avenue SW, Battle Creek, MI 49015, near Glen Cross. This presents a unique opportunity for a variety of businesses seeking a well-located, adaptable space. The property includes one building with multiple tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,072,438
    6.5%
    $989,943
    7%
    $919,232
  • Comparable approach

    Method
    Valuation
    Relative Method
    $742,686
    Geo Method
    $742,686
  • Alternative Use

    Use
    Valuation
    Residential
    $1,227,529
    Hospitality
    $1,124,410
    Educational
    $935,496
    Medical
    $967,669
    Retail
    $1,455,216
3620 Capital Ave, Battle Creek, Michigan

Location Insight

City
Battle Creek
County
Calhoun
State
Michigan
Latitude
42.2477
Longitude
-85.2002
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
-
-
-
$274,970
-
-
-
$549,940

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