618 West Branch Road Prudenville, MI 48651
COMMERCIAL - Prudenville, MI
Property Features for 618 West Branch Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 003-012-012-0065
- Size
- 7,872 SF
- Lot size
- 1.57 Acres
Taxes and HOA fees
- Tax Description
- L-940 P-573 223 COM AT S 1/4 COR SEC 12 TH N89DEG40'20''WALG SEC LINE 452FT FOR POB TH N88DEG40' 20''W 208.18FT TH N01DEG00'01''W 403.84FT TH S88DEG40'20''E 208.18FT TH S01DEG00' 01'' 403.84FT TO POB - PART OF E 1/2 OF SW 1/4 SEC 12 T22NR3W PAR C-1 1.93AC
- Tax Annual Amount
- 4902
Utilities
- Sewer type
- Septic Tank
- Water source
- Well
Building Details
- Floors in Building
- 1
Listing agent Ruth Anne Clemens License #6506043271 (989) 429-3100
Listing office CB Schmidt Houghton Lake 1244 W Houghton Lake Drive, PRUDENVILLE, MI (989) 366-5522
Listing date May 23, 2026
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Guaranteed annual income
- Passive income opportunity
- Frito Lay distribution location
Local Financial Insights For Industrial
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 | $70.8k | $9.00 |
| − Vacancy | −$7.2k | −$0.91 |
| EGI | $63.7k | $8.09 |
| − OpEx | −$19.1k | −$2.43 |
| NOI | $44.6k | $5.66 |
