Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6911 Clipper Kewadin, MI 49648
    Property profile & analytics

    6911 Clipper Kewadin, MI 49648

    View on Map
    • Industrial properties
    • 1,600 SF
    • 0.04 lot acres
    For Sale
    $160,000
    View Listing →
    Kewadin Industrial Storage Unit For Sale
    $160,000
    1,600 SF

    Kewadin Industrial Storage Unit

    Spacious drive-through storage, ideal location.

    6911 Clipper, Kewadin, MI 49648
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 6911 Clipper

    Year built
    2022
    Lot size
    0.04 lot acres
    Property size
    1,600 SF
    Property type
    Industrial properties

    Description

    This exceptional 1,600 square foot industrial property, located at 6911 Clipper, Kewadin, MI (also accessible as 6912 Windjammer Ave, Unit F-20), presents a unique opportunity. The building boasts a generous 20' x 80' footprint, configured as a single large unit, easily divisible into two 20' x 40' units if needed. Its drive-through design offers unparalleled convenience for loading and unloading. Two 16-foot-tall doors, one at each end, provide ample access. The interior features concrete flooring, adding to its durability and practicality. The property also benefits from readily available running water (spring to fall) and convenient access to community bathrooms. Two separate electrical services are already installed, enhancing versatility. Situated on a 0.04-acre lot, this property is priced at $160,000. Annual association dues of $372 cover essential services including trash removal, exterior building insurance, landscaping, snow removal, and liability insurance for common areas. This versatile space is perfect for equipment storage, a workshop, or securely storing recreational vehicles. Don't miss this chance to acquire a well-maintained and conveniently located industrial storage unit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kewadin
    County
    Antrim
    State
    Michigan
    Longitude
    -85.3705
    Latitude
    44.9352

    Comparable in this City

    • Value Estimation by Request
      1,250 SF

      6921 Windjammer

      Industrial properties • 1,250 SF
      6921 Windjammer, Kewadin, MI 49648
      View Details
    • Value Estimation by Request
      2,560 SF

      19 Albatross

      Industrial properties • 2,560 SF
      19 Albatross, Kewadin, MI 49648
      View Details
    • Value Estimation by Request
      1,250 SF

      6919 Windjammer

      Industrial properties • 1,250 SF
      6919 Windjammer, Kewadin, MI 49648
      View Details
    • Value Estimation by Request
      1,400 SF

      6922 Albatross

      Industrial properties • 1,400 SF
      6922 Albatross, Kewadin, MI 49648
      View Details
    • Value Estimation by Request

      4600 Cairn Hwy

      INDUSTRIAL (GENERAL)
      4600 Cairn Hwy, Kewadin, MI 49648-9126
      View Details
    • Value Estimation by Request
      1,400 SF

      6920 Albatross

      Industrial properties • 1,400 SF
      6920 Albatross, Kewadin, MI 49648
      View Details

    Similar Nearby for Sale

    • $160,000
      1,600 SF

      Kewadin Industrial Storage Unit

      Spacious drive-through storage, ideal location.
      6911 Clipper, Kewadin, MI 49648
      View Details
    • $4,250,000
      92,354 SF

      Kewadin Storage and Service Business

      32-acre property with boat and mini storage, plus equipment.
      13703 Campbell Rd, Kewadin, MI 49648
      View Details
    • $160,000
      1,600 SF

      Kewadin Mixed-Use Storage Unit

      Spacious drive-through storage, ideal location.
      6911 Clipper Ave, Kewadin, MI 49648
      View Details
    • $49,900
      0.68 Acres

      Golf Course Lot in Kewadin

      Residential land on A-Ga-Ming Golf Resort's Sundance Golf Course.
      8 Mooney Way, Kewadin, MI 49648
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6911 Clipper
    Kewadin, MI 49648
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6911 Clipper, Kewadin, MI, 49648
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!