Property profile

16932 Power Dr Nunica, MI 49448

OFF-MARKET
Flex space
Property ID
US43-2604954
4,000 SF 1.65 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 4,000 SF
Lot 1.65 ac (71,874 SF)
APN 70-04-16-300-035
UPID US43-2604954

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16932 Power Dr Nunica, MI 49448-9465
Nunica metro Census 20400 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$523k
Blend (final) Blend
$630k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $590,000 +68.9%
Office building $545,000 +55.8%
Commercial (general) $530,000 +51.1%

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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