Industrial Flex Building with Overhead
80 W 64th St Holland, MI 49423
80 W 64th St, Holland, MI, 49423
$675,000
Pending
For Sale
$675,000
Pending
COMMERCIAL - Holland, MI
Property Size7,680 SF
Days on Market1803
Property Features for 80 W 64th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Pending
- APN
- 03-02-17-100-029
- Size
- 7,680 SF
Taxes and HOA fees
- Tax Description
- COM N 1/4 COR SEC 17 TH S 89D 56M 05S W ALG N LI NW 1/4 SD SEC 801.15 FT TO POB TH S 00D 00M 14S W 1026.77 FT TO NLY ROW
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 1
Listing Agency
Colliers International Holland
(616) 394-4500
MI
Listed by
Thomas S Postma · License #6502135442
(616) 394-4500
Added: Aug 9, 2021 Checked: Jul 16 at 5:06 pm
MLS# 21099568
Listing URL
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.
Coming soon: a new industrial building (Phase I of II) planned for completion in the fall of 2021. The property offers multiple suite options ranging from smaller to larger layouts, with configurations available to accommodate multiple tenants.
Suite 1 features two 14 x 16 overhead doors, 750 SF of office space, and restrooms located both in the office and in the warehouse area. The building is positioned on Holland’s southside with close proximity to West Michigan Regional Airport, and it provides easy access to the M-40, US-31 and I-196 interchange.
This listing includes Allegan County parcel number 53-02-17-100-033.
Suite 1 features two 14 x 16 overhead doors, 750 SF of office space, and restrooms located both in the office and in the warehouse area. The building is positioned on Holland’s southside with close proximity to West Michigan Regional Airport, and it provides easy access to the M-40, US-31 and I-196 interchange.
This listing includes Allegan County parcel number 53-02-17-100-033.
Key Highlights
- New industrial building (Phase I of II) under construction, planned for completion in Fall 2021
- Multiple suite options available from 3,840 SF to 37,375 SF for lease or sale, accommodating multiple tenants
- Suite 1: 3,840 SF with two 14 x 16 overhead doors, plus 750 SF office
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $6.00 |
| − Vacancy | −$3.8k | −$0.50 |
| EGI | $42.3k | $5.50 |
| − OpEx | −$14.8k | −$1.93 |
| NOI | $27.5k | $3.58 |
7,680 SF · lease $6.00/SF/yr · vacancy 8.30% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$1.85M
$1.62M – $2.16M
NOI $129,301 @ 7.0% cap · market cap 19.16%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,335 @ 7.0% cap · market cap 16.79%
Theoretical Best
Multifamily LT 5
$95.50M
$83.57M – $111.42M
NOI $6,685,202 @ 7.0% cap · market cap 990.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hoekstra Electrical Services
Electrical Service
Hoekstra Controls & Automation
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - New industrial building offering suite options with overhead doors, office space, and restrooms in both office and warehouse areas.
Where is this flex space located?
The property is located at 80 W 64th St Holland, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: New industrial building (Phase I of II) under construction, planned for completion in Fall 2021; Multiple suite options available from 3,840 SF to 37,375 SF for lease or sale, accommodating multiple tenants; Suite 1: 3,840 SF with two 14 x 16 overhead doors, plus 750 SF office
