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    OFF-MARKET
    Industrial properties

    16879 Power Dr, Nunica, MI 49448

    21,600 SF 2.02 ac lot Built 1994
    Property ID
    Property summary
    AI-generated overview

    This exceptional light industrial property in Nunica, Michigan, presents a compelling investment opportunity. Situated on a 2.02-acre lot with 296 feet of frontage on Power Drive and a depth of 300 feet, this property boasts excellent visibility and convenient access to M-104 (Cleveland Street). The property comprises two well-maintained, one-story industrial buildings totaling 21,600 square feet. The south building encompasses 12,000 square feet, while the north building offers 9,600 square feet of space. Both buildings share a consistent design, featuring durable metal exterior walls, energy-efficient aluminum-framed insulated glass windows, and large 12' x 14' overhead doors, facilitating easy loading and unloading of goods. The south building further enhances its functionality with the inclusion of a dedicated loading dock. Adding to the property's versatility, the south building also includes 1,266 square feet of finished office space, providing ample room for administrative functions or potential tenant expansion. This property's strategic location, substantial square footage, and well-maintained structures make it an ideal choice for a variety of industrial uses. The asking price is $1,700,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1994
    Total area 21,600 SF
    Lot 2.02 ac (87,991 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • J H Miller Resources Inc Professional Services
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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