1054 W Sherman Boulevard #201 Muskegon, MI 49441
Industrial unit includes a private bathroom, 21' ceilings, and a 16' x 16' overhead door with automatic opener.
Property Features for 1054 W Sherman Boulevard #201
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing office Greenridge - Nexes (231) 578-0556
Listing date Oct 21, 2025
Source Carolbollo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Greenridge - Nexes
Investment Insights
Based on property information with market context.
For day-to-day comfort and work readiness, the unit has a private bathroom, a 100,000 BTU furnace, and a 10-gallon electric water heater. Floor drains are also included for convenience and cleanliness. Electrical and utilities are handled on an individual basis, with individually metered gas and electric service and 100-amp electrical service per unit.
Located at 1054 W Sherman Boulevard #201 in Muskegon, Michigan, the unit is part of a storage/industrial property that can support equipment storage or small business needs. Buyer and buyer’s agent should verify all information.
Key Highlights
- 1,440 sq. ft. industrial unit with 21' ceilings for flexible storage or workspace use
- 16' x 16' overhead door with automatic opener for convenient access
- Private bathroom plus LED lighting and an industrial ceiling fan
Local 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 | $20.2k | $14.04 |
| − Vacancy | −$485 | −$0.34 |
| EGI | $19.7k | $13.70 |
| − OpEx | −$3.0k | −$2.06 |
| NOI | $16.8k | $11.65 |
