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
- 70-04-16-451-008
- Size
- 1,000 SF
Taxes and HOA fees
- Tax Description
- SOUTHWEST 1/4 OF THE SOUTHEAST 1/4 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# 26038167
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 for-sale small bay industrial condo is one of six units in the first of four planned buildings. The space is described as fully customizable, with the unit already stocked with a bathroom and ample power to support a range of industrial operating needs.
The property is located at 16943 Wood Lane Road in Nunica, Michigan (Ottawa County). It is part of a growing industrial community and is being offered as an ownership opportunity within a multi-building condominium plan.
As configured, each condo unit provides a compact industrial footprint with core in-unit amenities included, including a bathroom and electrical power capacity.
The property is located at 16943 Wood Lane Road in Nunica, Michigan (Ottawa County). It is part of a growing industrial community and is being offered as an ownership opportunity within a multi-building condominium plan.
As configured, each condo unit provides a compact industrial footprint with core in-unit amenities included, including a bathroom and electrical power capacity.
Key Highlights
- 1 of 6 small bay industrial condo units in the first of four planned buildings
- Property is under construction with a 2026 year built
- Each condo comes with a bathroom and is fully customizable (amenities and sizing)
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
Industrial
$210.8K
$184.5K – $246.0K
NOI $14,757 @ 7.0% cap · market cap 7.38%
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
Flex space
FAQs
What type of property is this?
Flex space - Small bay industrial condo in a planned multi-building project, with an in-unit bathroom and ample power.
Where is this flex space 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: 1 of 6 small bay industrial condo units in the first of four planned buildings; Property is under construction with a 2026 year built; Each condo comes with a bathroom and is fully customizable (amenities and sizing)
