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16879 Power Dr Nunica, MI 49448

OFF-MARKET Industrial properties Google Maps
21,600 SF 2.02 ac lot Built 1994
Estimated value
No estimation on file for this property yet.
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

Current use

Occupant on record · Public records
  • Professional Services

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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