Heated Shop and
3015 S Brooks Road Muskegon, MI 49444
For Sale
$499,900
Recently updated heated warehouse with office space, 14' ceilings, and a truck bay with 10' overhead door.
Property Size5,800 SF
Price / SF$86.19
Days on Market98
Property Features for 3015 S Brooks Road
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1996
Listing Agency:
Five Star Real Estate - N Musk
(231) 638-2081
Listed By:
Jenny Locke · License #6501422695
(231) 638-2081
Source:
Phgrealty
Added: Apr 20
Changed: Jul 22
Last Checked: Jul 25 at 3:04PM
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 Five Star Real Estate - N Musk
Investment Insights
Based on property information with market context.
This recently updated commercial shop/warehouse includes heated warehouse space with 14' ceilings and a truck bay, plus a 10' overhead door. The building also offers 1,160 SF of office space with two private offices, a kitchen/break room, and a bathroom. Throughout the property, new LEDs have been installed, and the unit includes a full bathroom with shower inside the warehouse area. Power is available with 230 three-phase service.
The property sits on close to two acres and features a back fenced area for outdoor storage. It also has a large paved parking lot and a lighted ground sign.
With a total size of 5,800 SF, the layout combines warehouse utility and dedicated office space for day-to-day operations.
The property sits on close to two acres and features a back fenced area for outdoor storage. It also has a large paved parking lot and a lighted ground sign.
With a total size of 5,800 SF, the layout combines warehouse utility and dedicated office space for day-to-day operations.
Key Highlights
- 5,800 SF commercial shop/warehouse (4,640 SF warehouse + 1,160 SF office) built in 1996
- Heated warehouse with 14' ceilings plus a 10' overhead door and truck bay
- 230 three‑phase power available
Financial Insights For Flex RnD
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 | $39.7k | $6.84 |
| − Vacancy | −$1.2k | −$0.20 |
| EGI | $38.5k | $6.64 |
| − OpEx | −$13.5k | −$2.32 |
| NOI | $25.0k | $4.32 |
5,800 SF · lease $6.84/SF/yr · vacancy 2.90% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$965.1K
$844.5K – $1.13M
NOI $67,556 @ 7.0% cap · market cap 13.51%
Second Best
Office B
$912.8K
$798.7K – $1.06M
NOI $63,895 @ 7.0% cap · market cap 12.78%
Theoretical Best
Hotel Hospitality
$54.47M
$47.66M – $63.55M
NOI $3,812,760 @ 7.0% cap · market cap 762.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Recently updated heated warehouse with office space, 14' ceilings, and a truck bay with 10' overhead door.
Where is this flex space located?
The property is located at 3015 S Brooks Road Muskegon, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 5,800 SF commercial shop/warehouse (4,640 SF warehouse + 1,160 SF office) built in 1996; Heated warehouse with 14' ceilings plus a 10' overhead door and truck bay; 230 three‑phase power available
