Flex Space with
807 Carberry Road, Niles, MI 49120
For Sale
New
$99,900
Commercial Sale, Niles, MI
Property Size1,800 SF
Lot Size0.72 Acres
Price / SF$55.50
Days on Market3
Property Features for 807 Carberry Road
General Information
Property type
Property subtype
Zoning description
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Building Details
Year built
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Berkshire Hathaway HomeServices MI
Listed By:
Ryan Rider · License #6501273398
(269) 344-8599
Added: Nov 5
Last Checked: Nov 7 at 12:06PM
MLS# 26058806
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1985, this 1,800-square-foot metal-sided flex property sits on 0.72 acres. A 19-by-14-foot office occupies part of the interior, with most of the remaining space open and fitted with some storage racks. The building has a concrete floor and a 13-foot-wide sliding door with 9 feet of clearance. Its roof is metal, and the property is in a light industrial zone.
The site backs onto Detroit Road, also designated M-60, and is about 1/2 mile from the M-60 and US 12 intersection. The listed utility information identifies electricity as available.
The site backs onto Detroit Road, also designated M-60, and is about 1/2 mile from the M-60 and US 12 intersection. The listed utility information identifies electricity as available.
Key Highlights
- 1,800‑square‑foot building on 0.72 acres
- 19 x 14 office area and largely open interior with storage racks
- 13‑foot‑wide sliding door with 9‑foot height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,012
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,240
$180.2K
Cap Rate 7%
$128,743
$128.7K
Cap Rate 9%
$100,133
$100.1K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$15.1K $8.40/SF
− Vacancy
−$1.3K −$0.70/SF
EGI
$13.9K $7.70/SF
− OpEx
−$4.9K −$2.70/SF
NOI
$9.0K $5.01/SF
Area
Berrien County, MI
Vacancy
8.30%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,240
Cap Rate 7%
$128,743
Cap Rate 9%
$100,133
Alternative Uses
Best Use
Warehouse
$139.5K
$122.1K – $162.8K
NOI $9,765 @ 7.0% cap · market cap 9.77%
Second Best
Flex RnD
$128.7K
$112.7K – $150.2K
NOI $9,012 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$378.8K
$331.4K – $441.9K
NOI $26,514 @ 7.0% cap · market cap 26.54%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49120, MI
37,076
Population
15,581
Households
2.4
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
116.5 sq mi
ZIP Area
318
Density / Sq Mi
$61,940
Median Household Income
$38,779
Median Earnings
$911
Median Rent
$166,800
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Berrien County, MI
Properties on Market for Flex space in Berrien County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - An open work area, storage racks, and a dedicated office suit a range of light industrial functions.
Where is this flex space located?
The property is located at 807 Carberry Road Niles, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1,800‑square‑foot building on 0.72 acres; 19 x 14 office area and largely open interior with storage racks; 13‑foot‑wide sliding door with 9‑foot height
