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Industrial Warehouse For Sale
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15700 Winans Street, West Olive, MI 49460

Industrial warehouse property offered for sale, suited for buyers seeking flexible warehouse space.

Property Size13,264 SF
Price / SF$320.42
Days on Market60

Property Features for 15700 Winans Street

General Information

Standard status Active
Size 13,264 SF
Property subtype Industrial

Building Details

Year Built 2026
Listing Agency: B+E
Listed By: Carson Jeremiah · License #FL SL3466868
Source: Crexi
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 29 at 3:46PM

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 B+E

Investment Insights

Based on property information with market context.

The property is an industrial warehouse offered for sale. It is presented as commercial real estate under the warehouse and industrial property categories, with a total property size of 13,264.

The warehouse is located at 15700 Winans Street in West Olive, Michigan (49460). The listing information provided does not include details on building specifications beyond the overall size, or specifics regarding access, frontage, or surrounding businesses.

For prospective buyers, this offering provides a straightforward opportunity to acquire warehouse space through a for-sale industrial listing. Interested parties should review the full property materials to confirm building and site details relevant to their intended use, such as interior configuration and loading or tenant operational needs.

Key Highlights

  • Industrial warehouse property offered for sale
  • Year built: 2026

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 $286.5k $21.60
− Vacancy −$23.8k −$1.79
EGI $262.7k $19.81
− OpEx −$39.4k −$2.97
NOI $223.3k $16.84
13,264 SF · lease $21.60/SF/yr · vacancy 8.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.19M
$2.79M – $3.72M (±1% cap)
NOI $223,314 @ 7.0% cap · market cap 5.25%
Second Best
Industrial
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,738 @ 7.0% cap · market cap 4.61%
Theoretical Best
Multifamily LT 5
$164.94M
$144.32M – $192.43M (±1% cap)
NOI $11,545,901 @ 7.0% cap · market cap 271.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mattson Landscaping Landscaping

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Florist Garden Center

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

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49460, MI

9,025
Population
3,537
Households
2.6
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
51.8 sq mi
ZIP Area
174
Density / Sq Mi
$97,194
Median Household Income
$42,978
Median Earnings
$1,145
Median Rent
$358,700
Median Home Value

Market

Average Price Trend$/SF for Warehouses in Ottawa County, MI

Jan
$114 Feb
$114 Mar
$114 Apr
$114 May
$117 Jun

Properties on Market for Warehouses in Ottawa County

Jan
Feb
Mar
Apr
May
Jun

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse property offered for sale, suited for buyers seeking flexible warehouse space.
Where is this warehouse located?
The property is located at 15700 Winans Street West Olive, MI.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Industrial warehouse property offered for sale; Year built: 2026
More about this property
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