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New Flex Space with Overhead Door
For Sale
$297,900

6323 JUST A MERE Road, Saugatuck, MI 49453

Commercial Sale, Saugatuck, MI

Property Size1,920 SF
Price / SF$155.16
Days on Market551

Property Features for 6323 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 Blue Star Highway to Old Allegan Rd, the units will be on the left.
Subdivision Holland/Saugatuck - H
Standard status Active
APN 032023202500
Size 1,920 SF

Taxes and HOA fees

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

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 4
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# 25013381

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 603 is a 1,920 SF flex space measuring 60x32 and scheduled for new construction beginning in January 2026. The unit will feature insulated 2x6 construction, interior metal walls, a 14x14 overhead door, front service doors, and an upper rear window that may support a future mezzanine. A half bath, floor drains, oil separators, and a shared septic system are included. The building will have natural gas, a 5-ton A/C unit, a 100,000 BTU furnace, a 20-gallon hot water tank, and forced-air heating.

Electrical and interior improvements include 200 AMP service, six LED lights, eight electrical outlets, and a 96-inch fan. The property is located at 6323 JUST A MERE Road in Saugatuck, Michigan. An optional walk-in shower is available for an additional cost. Grow facilities are not permitted within the development.

Key Highlights

  • 1,920 SF flex unit measuring 60x32
  • 14x14 overhead door with front service doors
  • 200 AMP electrical service with eight outlets and six LED lights

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,903
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,060 $218.1K
Cap Rate 7%
$155,757 $155.8K
Cap Rate 9%
$121,144 $121.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$13.2K $6.88/SF
− Vacancy
−$383 −$0.20/SF
EGI
$12.8K $6.68/SF
− OpEx
−$1.9K −$1.00/SF
NOI
$10.9K $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%
$218,060
Cap Rate 7%
$155,757
Cap Rate 9%
$121,144

Alternative Uses

Best Use
Warehouse
$155.8K
$136.3K – $181.7K (±1% cap)
NOI $10,903 @ 7.0% cap · market cap 3.66%
Second Best
Industrial
$128.3K
$112.2K – $149.7K (±1% cap)
NOI $8,979 @ 7.0% cap · market cap 3.01%
Theoretical Best
Hotel Hospitality
$18.03M
$15.78M – $21.04M (±1% cap)
NOI $1,262,155 @ 7.0% cap · market cap 423.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
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
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Frequently Asked Questions

What type of property is this?
Flex space - Under-construction flex unit with insulated walls, HVAC, and 200-amp electrical service.
Where is this flex space located?
The property is located at 6323 JUST A MERE Road Saugatuck, MI.
What is the asking price?
The asking price for this property is $297,900.
What are key features of this property?
This property features: 1,920 SF flex unit measuring 60x32; 14x14 overhead door with front service doors; 200 AMP electrical service with eight outlets and six LED lights
More about this property
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