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Warehouse Unit with Bathroom Plumbing
For Sale
$165,000

791 Case Karsten Dr Unit 26, Zeeland, MI 49464

Steel construction with heating, water, and bathroom plumbing supports storage, workshop, hobby, or small-business use.

Property Size768 SF
Price / SF$214.84
Days on Market96

Property Features for 791 Case Karsten Dr Unit 26

General Information

Standard status Active
Size 768 SF
Property subtype Commercial

Building Details

Year Built 2026
Listing Agency: Coldwell Banker Woodland Schmidt ART Office
Listed By: Derrek Sterken · License #6501451743
Source: Metrodetroithomeguide
Added: Jul 28 Changed: Oct 31 Last Checked: Oct 30 at 2:21PM

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 Coldwell Banker Woodland Schmidt ART Office

Rey
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Investment Insights

Based on property information with market context.

This 768-square-foot warehouse unit measures 16' x 48' and is designed for flexible storage and workspace needs. The improvements include steel interior walls, a unit heater, a cold-water spigot, and plumbing in place for a bathroom. The space can accommodate boats, RVs, vehicles, recreational equipment, a workshop, hobby activities, or a small business, based on the stated property uses.

The unit is identified as Unit 26 at 791 Case Karsten Dr in Zeeland, with access right off Riley St. Construction is scheduled for completion in October, and the property is listed with a 2026 year built.

Key Highlights

  • 768‑square‑foot warehouse unit measuring 16' x 48'
  • Steel walls with a unit heater
  • Cold‑water spigot and bathroom plumbing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,930
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,600 $258.6K
Cap Rate 7%
$184,714 $184.7K
Cap Rate 9%
$143,667 $143.7K
Market Conditions
NOI Build-Up for 768 SF
Gross rent
$16.6K $21.60/SF
− Vacancy
−$1.4K −$1.79/SF
EGI
$15.2K $19.81/SF
− OpEx
−$2.3K −$2.97/SF
NOI
$12.9K $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%
$258,600
Cap Rate 7%
$184,714
Cap Rate 9%
$143,667

Alternative Uses

Best Use
Warehouse
$184.7K
$161.6K – $215.5K (±1% cap)
NOI $12,930 @ 7.0% cap · market cap 7.84%
Second Best
Industrial
$161.9K
$141.7K – $188.9K (±1% cap)
NOI $11,333 @ 7.0% cap · market cap 6.87%
Theoretical Best
Multifamily LT 5
$9.55M
$8.36M – $11.14M (±1% cap)
NOI $668,520 @ 7.0% cap · market cap 405.16%
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

Flex space

Suggested Use

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

143
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49464, MI

29,654
Population
11,001
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
73.1 sq mi
ZIP Area
406
Density / Sq Mi
$97,573
Median Household Income
$47,030
Median Earnings
$976
Median Rent
$316,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

  • Zeeland Self Storage — 231 N Centennial St, Zeeland, MI 49464
  • Tysman Mini Storage — 660 e riley st, zeeland, mi 49464
  • Bill Tysman Mini Storage - Zeeland — 660 E Riley St, Zeeland, MI 49464
  • Extra Space Storage — 3440 88th Ave, Zeeland, MI 49464

Frequently Asked Questions

What type of property is this?
Warehouse - Steel construction with heating, water, and bathroom plumbing supports storage, workshop, hobby, or small-business use.
Where is this warehouse located?
The property is located at 791 Case Karsten Dr Unit 26 Zeeland, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 768‑square‑foot warehouse unit measuring 16' x 48'; Steel walls with a unit heater; Cold‑water spigot and bathroom plumbing
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