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    Warehouse with Office and Storage Units Title is generated by Realmo AI

    510 N Bronson Ave, Big Rapids, MI 49307

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    For Sale
    $315,000

    Well-updated warehouse with a renovated office plus an attached storage unit area for separate operation.

    Type:Commercial
    Property size:
    6,000 SF
    Lot size:
    1.20 Acres
    Price / SF:
    $52/SF
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:41 am

    Property Features for 510 N Bronson Ave

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    1.20 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    Tyler Haynes
    Tyler Haynes

    Listing agent Tyler Haynes License #6501421485

    Listing office RE/MAX TOGETHER

    Listing date Jun 1, 2026

    Source Elliman

    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 RE/MAX TOGETHER

    HighLights

    • 6,000+ SF building (built 1989) on 1.2 acres, featuring a renovated 1,100 SF office and open warehouse area.
    • Office includes new EPDM rubber roof over the office section, new furnace, and new water heater.
    • Warehouse has 2 overhead doors, a back door access, overhead tube heating, and water with floor drains.
    • Attached 15 storage units operate under a separate DBA, with the automated account included and housed in 2,000+ SF.
    • Storage unit area has brand new overhead door and motor and electrical on the existing main, plus a separate floor drain.
    • Separate electrical and gas meters are already in place, with option to convert into a fully independent space.

    Overview

    Inside this 6,000+ square foot building, the layout includes an updated 1,100 square foot office section and an open warehouse area. The office improvements noted include a newly updated interior, new metal wainscotting along the front side of the building, a new water heater and furnace, and a new EPDM rubber roof over the office section.

    The warehouse portion is equipped with two overhead doors plus a back door for access, along with overhead tube heating and water with floor drains. The property also includes a separate storage unit space housing 15 storage units, operating under a separate DBA and an automated account system that is included and housed inside 2,000+ square feet. This storage area features a brand new overhead door and motor, with electrical run on the existing main and a separate floor drain; the space also has an option to convert to a fully independent setup with separate electrical and gas meters already in place.

    Set on 1.2 acres at 510 N Bronson Ave in Big Rapids, the building’s combination of warehouse access and dedicated storage configuration can support a tenant or owner-operator looking for flexible on-site space, whether to use the warehouse and office together or to maintain the separate storage unit operation.
    Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Big Rapids
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.463547
    Latitude
    43.707616

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    FAQs

    What type of property is this?
    Flex space - Well-updated warehouse with a renovated office plus an attached storage unit area for separate operation.
    Where is this flex space located?
    The property is located at 510 N Bronson Ave Big Rapids, MI.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 6,000+ SF building (built 1989) on 1.2 acres, featuring a renovated 1,100 SF office and open warehouse area.; Office includes new EPDM rubber roof over the office section, new furnace, and new water heater.; Warehouse has 2 overhead doors, a back door access, overhead tube heating, and water with floor drains.
    (616) 318-2540
    We can help!
    Listing Contact
    Tyler Haynes
    Tyler Haynes
    Real Estate License ID: 6501421485
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    510 N Bronson Ave, Big Rapids, MI 49307
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