Small Bay Industrial
16943 Wood Lane Road Nunica, MI 49448
New
For Sale
$200,000
COMMERCIAL - Nunica, MI
Property Size1,000 SF
Price / SF$200
Days on Market5
Property Features for 16943 Wood Lane Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 70-04-16-451-007
- Size
- 1,000 SF
Taxes and HOA fees
- Tax Description
- SOURHWEST 1/4 OF THE SOUTHEAST1/4 OF SECTION 16 TOWN 8 NORTH RANGE 15 WEST CROCKERY TOWNSHIP OTTAWA COUNTY MICHIGAN.
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Forced Air
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Vinyl Siding, Metal Siding
- Roof type
- Metal
Listing Agency:
Harbour Pointe Realty
(616) 481-6450
Listed By:
Stephanie Harris
(616) 916-4645
Added: Jul 23
Last Checked: Jul 27 at 8:06AM
MLS# 26038165
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is for one of six small-bay industrial condo units in the first of four planned buildings. The condos are designed to be configurable, with unit customization options described as spanning amenities and sizing. Each unit is delivered with a bathroom and ample power to support a range of light industrial needs.
The property is located at 16943 Wood Lane Road in Nunica, Michigan (Ottawa County). With the project built out across multiple planned buildings, the current phase provides ownership in an expanding industrial community.
For buyers looking for a small-bay format, this project provides individual condo ownership within a multi-unit industrial layout, paired with the stated baseline improvements of a bathroom and ample power, along with customization flexibility at the unit level.
The property is located at 16943 Wood Lane Road in Nunica, Michigan (Ottawa County). With the project built out across multiple planned buildings, the current phase provides ownership in an expanding industrial community.
For buyers looking for a small-bay format, this project provides individual condo ownership within a multi-unit industrial layout, paired with the stated baseline improvements of a bathroom and ample power, along with customization flexibility at the unit level.
Key Highlights
- Under construction industrial condo unit in the first of four planned buildings (1 of 6 small bay units)
- Year built 2026
- Metal roof with forced‑air heating
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $21.60 |
| − Vacancy | −$1.8k | −$1.79 |
| EGI | $19.8k | $19.81 |
| − OpEx | −$3.0k | −$2.97 |
| NOI | $16.8k | $16.84 |
1,000 SF · lease $21.60/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$240.5K
$210.5K – $280.6K
NOI $16,836 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.44M
$10.88M – $14.51M
NOI $870,469 @ 7.0% cap · market cap 435.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Warehouse104 — 16772 124th Ave, Nunica, MI 49448
- M104 Storage — Nunica, MI 49448
- Power Drive Storage — 12525 Cleveland St, Nunica, MI 49448
- Dale's RV Storage — 12777 Cleveland St, Nunica, MI 49448
FAQs
What type of property is this?
Warehouse - Own a small-bay industrial condo with an in-unit bathroom and ample power within a planned industrial condo project.
Where is this warehouse located?
The property is located at 16943 Wood Lane Road Nunica, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Under construction industrial condo unit in the first of four planned buildings (1 of 6 small bay units); Year built 2026; Metal roof with forced‑air heating
