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New Flex Space with Overhead Door
For Sale
$279,900

6319 JUST A MERE Road, Saugatuck, MI 49453

Commercial Sale, Saugatuck, MI

Property Size1,800 SF
Price / SF$155.50
Days on Market551

Property Features for 6319 JUST A MERE Road

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description I-1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Saugatuck-Douglas
Middle school district Saugatuck-Douglas
High school district Saugatuck-Douglas
Directions Old Allegan road turn left on 63rd to Just Mere Rd on the left.
Subdivision Holland/Saugatuck - H
Standard status Active
APN 032023201900
Size 1,800 SF

Taxes and HOA fees

Tax Year 2024
Tax Description See attached doc.
Tax Annual Amount 295
Legal Description See attached doc.

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Number of units 5
Building materials Vinyl Siding, Stone
Roof type Composition
Listing Agency: BHG Connections
Listed By: Tammy L Kerr · License #6502433373
Added: Apr 4, 2025 Changed: Sep 7 Last Checked: Oct 6 at 12:06AM
MLS# 25013380

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.

Unit 504 is an under-construction flex space measuring 1,800 SF within a 30-by-60-foot layout. The unit includes insulated 2-by-6 construction, metal interior walls, a 14-by-14-foot front overhead door, front service doors, and a rear upper window designed for possible future mezzanine use. A composition roof, vinyl siding, stone, forced-air heating, and central air are specified.

Building systems include a 5-ton A/C unit, 100,000 BTU furnace, 200 AMP electrical service, natural gas, a 20-gallon hot water tank, six LED lights, eight electrical outlets, one 96-inch fan, and a half bath. The property is served by a shared septic system with floor drains and oil separators. A walk-in shower is available as an optional improvement. Construction is identified for 2025.

Key Highlights

  • 1,800 SF unit with a 30‑by‑60‑foot layout
  • 14‑by‑14‑foot front overhead door and front service doors
  • 5‑ton A/C unit with 100,000 BTU furnace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,221
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,420 $204.4K
Cap Rate 7%
$146,014 $146.0K
Cap Rate 9%
$113,567 $113.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$12.4K $6.88/SF
− Vacancy
−$359 −$0.20/SF
EGI
$12.0K $6.68/SF
− OpEx
−$1.8K −$1.00/SF
NOI
$10.2K $5.68/SF
Area
Allegan County, MI
Vacancy
2.90%
Lease Rate
$6.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,420
Cap Rate 7%
$146,014
Cap Rate 9%
$113,567

Alternative Uses

Best Use
Warehouse
$146.0K
$127.8K – $170.4K (±1% cap)
NOI $10,221 @ 7.0% cap · market cap 3.65%
Second Best
Industrial
$120.2K
$105.2K – $140.3K (±1% cap)
NOI $8,417 @ 7.0% cap · market cap 3.01%
Theoretical Best
Hotel Hospitality
$16.90M
$14.79M – $19.72M (±1% cap)
NOI $1,183,270 @ 7.0% cap · market cap 422.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49453, MI

2,950
Population
2,113
Households
1.4
Avg Household Size
53
Median Age
52%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
284
Density / Sq Mi
$101,250
Median Household Income
$49,970
Median Earnings
$766
Median Rent
$487,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Under-construction flex space with conditioned interiors, natural gas, and a front overhead door.
Where is this flex space located?
The property is located at 6319 JUST A MERE Road Saugatuck, MI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 1,800 SF unit with a 30‑by‑60‑foot layout; 14‑by‑14‑foot front overhead door and front service doors; 5‑ton A/C unit with 100,000 BTU furnace
More about this property
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