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Industrial Storage Condo

2026 Port Sheldon St, Jenison, MI 49426

For Sale
$705,908

Available units can be leased or purchased separately, or combined for a small business or personal storage use.

Property Size2,684 SF
Price / SF$263.01
Days on Market555

Property Features for 2026 Port Sheldon St

General Information

Standard status Active
Size 2,684 SF
Property subtype Industrial
Zoning HS
Lease Type NNN

Additional Details

Asking Price $352,954
Property Use Storage

Amenities

Power
Water
Sewer
Natural Gas
Listing Agency: Fusion Properties
Listed By: Walter Bulkowski · License MI #6501334689
Source: Carwm.resimplifi
Added: May 5, 2025 Changed: Nov 9 Last Checked: Nov 10 at 5:06AM

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 Fusion Properties

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Investment Insights

Based on property information with market context.

Two warehouse condominium units, numbered 8 and 9, remain available at 2026 Port Sheldon St in Jenison. Each unit contains 1,342 square feet, and the units may be acquired or leased individually or together. The property is zoned HS. Tenant use and credit are subject to landlord approval.

Key Highlights

  • Units 8 and 9 are available separately or together
  • Each unit contains 1,342 square feet
  • Warehouse condominium property zoned HS

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,188
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,760 $903.8K
Cap Rate 7%
$645,543 $645.5K
Cap Rate 9%
$502,089 $502.1K
Market Conditions
NOI Build-Up for 2,684 SF
Gross rent
$58.0K $21.60/SF
− Vacancy
−$4.8K −$1.79/SF
EGI
$53.2K $19.81/SF
− OpEx
−$8.0K −$2.97/SF
NOI
$45.2K $16.84/SF
Area
Ottawa County, MI
Vacancy
8.30%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,760
Cap Rate 7%
$645,543
Cap Rate 9%
$502,089

Alternative Uses

Best Use
Warehouse
$645.5K
$564.9K – $753.1K (±1% cap)
NOI $45,188 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon

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

280
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49426, MI

40,467
Population
14,020
Households
2.9
Avg Household Size
36
Median Age
44%
College-Educated
98%
High-School Grad
60.3 sq mi
ZIP Area
671
Density / Sq Mi
$106,981
Median Household Income
$53,620
Median Earnings
$1,199
Median Rent
$338,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

$145 Jul
$147 Aug
$152 Sep
$142 Oct

Properties on Market for Warehouses in Ottawa County

Jul
Aug
Sep
Oct

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

  • A&B Rental Storage Lot — 2008 Chicago Dr, Jenison, MI 49428
  • National Storage — 2383 Port Sheldon St, Georgetown Twp, MI 49428
  • Innerspace Mini Storage — 6601 Wilshere Dr, Jenison, MI 49428
  • Inner Space Mini Storage — 2149 Port Sheldon St, Jenison, MI 49428
  • Prestige Storage - Jenison — 1778 Chicago Dr, Jenison, MI 49428

Frequently Asked Questions

What type of property is this?
Warehouse - Available units can be leased or purchased separately, or combined for a small business or personal storage use.
Where is this warehouse located?
The property is located at 2026 Port Sheldon St Jenison, MI.
What is the asking price?
The asking price for this property is $705,908.
What are key features of this property?
This property features: Units 8 and 9 are available separately or together; Each unit contains 1,342 square feet; Warehouse condominium property zoned HS
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Includes: Price & PSF · Cap rate · Location · Zoning

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