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8233 Neptune Dr
Kalamazoo, MI 49009
Industrial Property For Sale


Executive Summary
The property located at 8233 Neptune Drive, Kalamazoo, Michigan is a fully leased two-tenant industrial building totaling 21,056 square feet on
2.28 acres. Polymershapes occupies 12,806 SF and has been a long-term tenant at the property. There space features 1 dock, 1 drive in door and approximately 1,500 SF of office space with conference room, several private offices and kitchen. Division 7 Building and Contractors occupies the remaining 8,250 SF and signed a lease in August 2025. Upon taking occupancy, the Landlord completed an office refresh, further enhancing the functionality and appeal of their
space. Their space features access to 1 dock, 2 drive in doors and approximately 2,500 SF of office space.
2.28 acres. Polymershapes occupies 12,806 SF and has been a long-term tenant at the property. There space features 1 dock, 1 drive in door and approximately 1,500 SF of office space with conference room, several private offices and kitchen. Division 7 Building and Contractors occupies the remaining 8,250 SF and signed a lease in August 2025. Upon taking occupancy, the Landlord completed an office refresh, further enhancing the functionality and appeal of their
space. Their space features access to 1 dock, 2 drive in doors and approximately 2,500 SF of office space.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.12% | Year Built | 1998 |
| Property Type | Industrial | Parking Ratio | 1.98/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.28 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 21,660 SF | ||
| Zoning | I-2 Light- Industrial | ||
| Sale Type | Investment |
| Cap Rate | 7.12% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.28 AC |
| Rentable Building Area | 21,660 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 1.98/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-2 Light- Industrial |
Property Taxes
| Parcel Number | 01-13-476-040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $523,621 CAD |
Property Taxes
Parcel Number
01-13-476-040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$523,621 CAD
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