15320 Three Oaks Rd Three Oaks, MI 49128
Unique property offering business and residential opportunities with impressive amenities.
Property Features for 15320 Three Oaks Rd
General Information
- Standard status
- Active
- Size
- 2,667 SF
- Property subtype
- Commercial
Listing office Coldwell Banker Residential Brokerage (269) 449-4663
Listing date May 9, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Versatile property suitable for residential, commercial, or entrepreneurial use, offering multiple income streams.
- Main building features a large 2,667 sq ft commercial space and a separate 1,917 sq ft two‑bedroom apartment.
- Secondary building includes a 992 sq ft warehouse and a newly constructed one‑bedroom apartment.
Local Financial Insights For Retail
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 | $41.3k | $15.48 |
| − Vacancy | −$1.7k | −$0.65 |
| EGI | $39.6k | $14.83 |
| − OpEx | −$11.9k | −$4.45 |
| NOI | $27.7k | $10.38 |
