New Pole Barn Flex
For Sale
$129,000
13715 Clark Road Unit 15, Charlevoix, MI 49720
New flex unit 15 is under construction with in-floor heat, LED lighting, and an electronic overhead door.
Property Size896 SF
Price / SF$143.97
Days on Market365
Property Features for 13715 Clark Road Unit 15
General Information
Standard status
Active
Size
896 SF
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Amenities
paved drive
electronic gate
security fence
community water
Building Details
Construction
pole barn
Listing Agency:
Berkshire Hathaway HomeServices Real Estate
Listed By:
Matthew Murray
(231) 439-2000
Source:
Harborsir
Added: Oct 7, 2025
Changed: Oct 4
Last Checked: Oct 4 at 10:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Real Estate
Investment Insights
Based on property information with market context.
Unit 15 is a new pole barn-style flex building to be built with a shared wall with unit 14. The planned improvements include electric service, LED lighting, in-floor heat, full metal interior walls, and an electronic overhead door.
The association is planned to include a paved drive, electronic gate, security fence, and community water. The property is described as being close to town and the city launch ramp.
Completion is targeted before fall of 2026, with certain building changes or upgrades available by buyer request. Seller financing is also available.
The association is planned to include a paved drive, electronic gate, security fence, and community water. The property is described as being close to town and the city launch ramp.
Completion is targeted before fall of 2026, with certain building changes or upgrades available by buyer request. Seller financing is also available.
Key Highlights
- Unit 15 new flex building under construction with in‑floor heat
- 28' x 32' pole barn design with a shared wall with Unit 14
- Includes electric, LED lighting, and an electronic overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,570
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,400
$171.4K
Cap Rate 7%
$122,429
$122.4K
Cap Rate 9%
$95,222
$95.2K
Market Conditions
NOI Build-Up for 896 SF
Gross rent
$14.3K $15.96/SF
− Vacancy
−$1.1K −$1.24/SF
EGI
$13.2K $14.72/SF
− OpEx
−$4.6K −$5.15/SF
NOI
$8.6K $9.56/SF
Area
Charlevoix County, MI
Vacancy
7.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,400
Cap Rate 7%
$122,429
Cap Rate 9%
$95,222
Alternative Uses
Best Use
Flex RnD
$122.4K
$107.1K – $142.8K
NOI $8,570 @ 7.0% cap · market cap 6.64%
Second Best
Industrial
$71.0K
$62.1K – $82.8K
NOI $4,967 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$181.4K
$158.7K – $211.6K
NOI $12,696 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49720, MI
9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - New flex unit 15 is under construction with in-floor heat, LED lighting, and an electronic overhead door.
Where is this flex space located?
The property is located at 13715 Clark Road Unit 15 Charlevoix, MI.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Unit 15 new flex building under construction with in‑floor heat; 28' x 32' pole barn design with a shared wall with Unit 14; Includes electric, LED lighting, and an electronic overhead door
