Finished Flex Space
For Sale
$236,000
5694 Airline Road, Fruitport, MI 49415
Commercial Sale, Fruitport, MI
Property Size1,440 SF
Price / SF$163.89
Days on Market349
Property Features for 5694 Airline Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
B-3
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
15
Interior features
Broadband
Elementary school district
Fruitport
Middle school district
Fruitport
High school district
Fruitport
Directions
From US-31, take Exit 110 toward I-96 East/Muskegon. Head south on Airline Road for about 1.5 miles. Continue past Farr Road, and 5694 Airline Road will be on your right, just before E. Broadway Avenue in Fruitport.
Subdivision
Muskegon County - M
Standard status
Active
APN
61-15-124-300-0022-00
Size
1,440 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
on file
Legal Description
on file
Utilities
Utilities
Cable Available
Heating system
Heat Pump (Heating)
Cooling system
Ductless
Building Details
Year built
2025
Floors in Building
1
Number of units
1
Building materials
Metal Siding, Stone
Roof type
Metal
Listing Agency:
Greenridge Realty Muskegon
(231) 830-3000
Listed By:
Trent Currie · License #6501459090
(231) 670-6573
Added: Oct 23, 2025
Changed: Sep 7
Last Checked: Oct 6 at 9:06PM
MLS# 25054652
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This under-construction flex space property includes twelve commercial units, each identified with 1,440 square feet of space and 18-foot ceilings. Finished interiors, a bathroom, metal siding, stone accents, and a metal roof support a functional commercial layout. Heat pump systems and ductless cooling provide year-round climate control, while cable service is available.
The property is located at 5694 Airline Road in Fruitport, Michigan, within Muskegon County. Twelve units are available for purchase or lease. Construction is scheduled for 2025, and the units include broadband access as an interior feature.
The property is located at 5694 Airline Road in Fruitport, Michigan, within Muskegon County. Twelve units are available for purchase or lease. Construction is scheduled for 2025, and the units include broadband access as an interior feature.
Key Highlights
- Twelve flex space units available for purchase or lease
- 1,440 square feet of property size
- 18‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,773
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,460
$335.5K
Cap Rate 7%
$239,614
$239.6K
Cap Rate 9%
$186,367
$186.4K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$20.2K $14.04/SF
− Vacancy
−$485 −$0.34/SF
EGI
$19.7K $13.70/SF
− OpEx
−$3.0K −$2.06/SF
NOI
$16.8K $11.65/SF
Area
Muskegon County, MI
Vacancy
2.40%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,460
Cap Rate 7%
$239,614
Cap Rate 9%
$186,367
Alternative Uses
Best Use
Warehouse
$239.6K
$209.7K – $279.6K
NOI $16,773 @ 7.0% cap · market cap 7.11%
Second Best
Industrial
$197.3K
$172.7K – $230.2K
NOI $13,813 @ 7.0% cap · market cap 5.85%
Theoretical Best
Hotel Hospitality
$13.52M
$11.83M – $15.78M
NOI $946,616 @ 7.0% cap · market cap 401.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49415, MI
6,618
Population
2,566
Households
2.6
Avg Household Size
43
Median Age
23%
College-Educated
94%
High-School Grad
27.6 sq mi
ZIP Area
240
Density / Sq Mi
$77,140
Median Household Income
$40,776
Median Earnings
$1,113
Median Rent
$230,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Under-construction flex units offer finished interiors, ductless heating and cooling, and broadband availability.
Where is this flex space located?
The property is located at 5694 Airline Road Fruitport, MI.
What is the asking price?
The asking price for this property is $236,000.
What are key features of this property?
This property features: Twelve flex space units available for purchase or lease; 1,440 square feet of property size; 18‑foot ceilings
