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New Pole Barn Warehouse Unit
For Sale
$209,000

13715 Clark Rd, Charlevoix, MI 49720

New pole barn warehouse unit with finished metal interior walls and electronic overhead door access.

Property Size1,800 SF
Price / SF$116.11
Days on Market107

Property Features for 13715 Clark Rd

General Information

Standard status Active
Size 1,800 SF
Property subtype Other, Industrial

Site & Location

Road Access Yes
Fenced Yard Yes

Warehouse & Industrial

Drive-In Doors 1
Heavy Power Yes

Building Details

Building Size 1,800 SF
Listing Agency: Graham Real Estate
Listed By: Carolyn Sutherland
Source: Cpix.resimplifi
Added: Jul 6 Changed: Oct 3 Last Checked: Oct 19 at 3:20AM

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 Graham Real Estate

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Investment Insights

Based on property information with market context.

Warehouse Unit 12 will be a newly constructed pole barn sized 30' x 60'. The building will be delivered completely finished with electric service, LED lighting, in-floor heat, and an electronic overhead door. For the interior, the unit will include full metal interior walls.

The association will feature a paved drive with an electronic gate, security fence, and community water. The property is described as being close to town and the city launch ramp.

Seller financing is available, and buyers may be able to request certain building changes or upgrades. Completion is targeted before fall of 2026.

Key Highlights

  • New pole barn warehouse unit planned at 30' x 60' (Unit 12)
  • Association paved drive with electronic gate, security fence, and community water
  • Buildings to be delivered with electric, LED lighting, and in‑floor heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,715
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,300 $274.3K
Cap Rate 7%
$195,929 $195.9K
Cap Rate 9%
$152,389 $152.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$17.9K $9.96/SF
− Vacancy
−$1.8K −$1.00/SF
EGI
$16.1K $8.96/SF
− OpEx
−$2.4K −$1.34/SF
NOI
$13.7K $7.62/SF
Area
Charlevoix County, MI
Vacancy
10.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,300
Cap Rate 7%
$195,929
Cap Rate 9%
$152,389

Alternative Uses

Best Use
Warehouse
$195.9K
$171.4K – $228.6K (±1% cap)
NOI $13,715 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.4K
$318.8K – $425.1K (±1% cap)
NOI $25,505 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Latitude 45 Auto ... Car Wash

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49720, MI

9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Walstrom Marine — 6472 M-66 N, Charlevoix, MI 49720
  • National Storage — 6600 M-66, Charlevoix, MI 49720

Frequently Asked Questions

What type of property is this?
Warehouse - New pole barn warehouse unit with finished metal interior walls and electronic overhead door access.
Where is this warehouse located?
The property is located at 13715 Clark Rd Charlevoix, MI.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: New pole barn warehouse unit planned at 30' x 60' (Unit 12); Association paved drive with electronic gate, security fence, and community water; Buildings to be delivered with electric, LED lighting, and in‑floor heat
More about this property
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