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Property profile & analytics
OFF-MARKET Estimated value $680,000
Flex space

17354 Teunis Dr Spring Lake, MI 49456-9727

39,053 SF 5.38 ac lot
Entity Owned Free & Clear
Property ID
US43-2354149
Property summary
AI-generated overview

This exceptional 9,000-square-foot industrial space, part of a larger 18,000-square-foot building, presents a rare opportunity in Spring Lake, Michigan. Situated on a 5.38-acre lot, this single-story structure boasts impressive features ideal for manufacturing, warehousing, or distribution operations. Built in 1985, the property offers a high ceiling ranging from 18 to 20 feet, providing ample vertical space for storage and operations. Seven loading docks, including one dock-high door, ensure efficient loading and unloading. The property is zoned for industrial use and benefits from a strategic location within an established industrial park, sharing proximity with notable companies such as Interior Concepts, Michigan Brass, Global Tech, MLP Manufacturing, and Motiv. Easy access to US-31 via the VanWagoner and Pontaluna interchanges provides excellent regional connectivity. While historically a multi-tenant building with shared dock access, this 9,000 square foot space offers a unique opportunity for a single tenant to occupy a significant portion of the building. The property includes good power and fire suppression systems.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 39,053 SF
Lot 5.38 ac (234,353 SF)
Zoning code I INDU
APN 70-03-04-300-063
UPID US43-2354149
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
  • Great Lakes Toll Industrial Manufacturer Production Facility
  • Focal Point Metal Fab LLC Metal Fabrication Plant Factory
  • Interior Specialists Corporation Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$680k
Owner & transaction history
PARCEL GFI CORPORATION
PARCEL GFI CORPORATION
Zoning & alternative use
I INDU · Spring Lake, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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