148 Parkway Drive

Off-Market

148 Parkway Drive, Kalamazoo, MI 49007

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 88,335 SF
  • Lot Size 1.94 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1946

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Kalamazoo

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kalamazoo Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $21.44
  • 2021 Office Vacancy Rate 20.04%
  • 2021 Office Completions (SF) 85,000
View more Kalamazoo market trends

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Edison
  • Zip Code 49007
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    0.59 miles

  • Marathon

    0.14 miles

  • Shell

    0.86 miles

  • Citgo

    0.88 miles

  • Sunoco

    1.11 miles

  • Shell

    1.46 miles

  • Marathon

    1.49 miles

  • Marathon

    1.59 miles

  • Citgo

    1.62 miles

  • Pacific Pride

    1.75 miles

  • BP

    2.00 miles

  • Bell's Eccentric Cafe Parking

    0.32 miles

  • John Street Lot

    0.52 miles

  • Jasper Street Ramp

    0.54 miles

  • Jasper St North Lot

    0.62 miles

  • City Parking Ramp No. 1

    0.64 miles

  • Jasper Street South Lot

    0.65 miles

  • Garden Entrance Parking

    0.69 miles

  • Vine Street Ramp

    0.76 miles

  • Kalamazoo County Employee Parking

    0.77 miles

  • Kalamazoo County CMH Parking Lot

    0.78 miles

  • Checkers

    0.18 miles

  • Maru Sushi

    0.27 miles

  • Hop Cat

    0.28 miles

  • Food Dance

    0.31 miles

  • Kalamazoo Beer Exchange

    0.39 miles

  • South China

    0.48 miles

  • Subway

    0.50 miles

  • Burger Bros

    0.50 miles

  • Lee's Famous Recipe Chicken

    0.52 miles

  • McDonald's

    0.53 miles

  • People's Food Co-op

    0.24 miles

  • Mall Plaza

    0.52 miles

  • Harding's Friendly Market

    1.47 miles

  • Harding's Friendly Market

    1.50 miles

  • Eastwood Market

    1.54 miles

  • Bronco Mall

    2.05 miles

  • Aldi

    2.58 miles

  • Campus Pointe Mall

    2.65 miles

  • Hardings

    2.71 miles

  • D&W Fresh Market

    3.17 miles

  • Fire Station 3

    0.62 miles

  • Bronson Methodist Hospital

    0.66 miles

  • Walgreens

    1.12 miles

  • Borgess Medical Center

    1.28 miles

  • Western Michigan University Unified Clinics

    1.54 miles

  • Station 2 - Eastwood

    1.55 miles

  • WMU Department of Safety

    1.63 miles

  • Kalamazoo County Sheriff's Office

    1.71 miles

  • Northwood Fire Station - Station 1

    1.80 miles

  • Station 1 - Northwood

    1.80 miles

Frequently Asked Questions

What is the total square footage of 148 Parkway Drive?

148 Parkway Drive totals 88,335 square feet.

When was this property built?

148 Parkway Drive was built in 1946.

What is the market value for 148 Parkway Drive?

The market value* for 148 Parkway Drive in 2022 was $1,071,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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