Insulated Flex Space with Oversized
For Sale
$195,000
6340 Goose Drive, Freeland, MI 48623
COM/IND/BUS OPP, Freeland, MI
Property Size2,500 SF
Lot Size0.05 Acres
Price / SF$78
Days on Market97
Property Features for 6340 Goose Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Lot features
Dead End
Subdivision
Tittabawassee Twp (73026)
Standard status
Active
APN
29-13-3-27-3001-015
Size
2,500 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3611
Utilities
Heating system
Radiant
Water source
Public
Building Details
Year built
2026
Roof type
Asphalt
Listing Agency:
Century 21 Signature Realty (Freeland) · Century 21 Real Estate
(989) 921-7000
Listed By:
Michael Schauman · License #6501377421
(989) 529-5100
Added: Jul 2
Changed: Sep 5
Last Checked: Oct 6 at 12:06AM
MLS# 50213553
Copyright © 2026 Multiple Listing Service MiRealSource. 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 5 is a 2,500-square-foot flex space configured as a 50' x 50' insulated interior with radiant tube heat and white steel-finished walls and ceilings. The building was constructed in 2026 and includes a two-piece bathroom, interior hose hookup, and a separate entry door with keypad access.
Two 16' x 14' overhead doors accommodate large vehicles and equipment, while the insulated construction supports year-round use. The space can serve storage, a workshop, business equipment needs, an office, or a recreation area. Public water serves the property, and the building has an asphalt roof.
Two 16' x 14' overhead doors accommodate large vehicles and equipment, while the insulated construction supports year-round use. The space can serve storage, a workshop, business equipment needs, an office, or a recreation area. Public water serves the property, and the building has an asphalt roof.
Key Highlights
- 2,500‑square‑foot Unit 5 with a 50' x 50' interior
- Radiant tube heat and insulated construction for year‑round use
- Two 16' x 14' overhead doors for large vehicles and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,136
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,720
$342.7K
Cap Rate 7%
$244,800
$244.8K
Cap Rate 9%
$190,400
$190.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$21.0K $8.40/SF
− Vacancy
−$840 −$0.34/SF
EGI
$20.2K $8.06/SF
− OpEx
−$3.0K −$1.21/SF
NOI
$17.1K $6.85/SF
Area
Saginaw County, MI
Vacancy
4.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,720
Cap Rate 7%
$244,800
Cap Rate 9%
$190,400
Alternative Uses
Best Use
Warehouse
$244.8K
$214.2K – $285.6K
NOI $17,136 @ 7.0% cap · market cap 8.79%
Second Best
Flex RnD
$196.1K
$171.6K – $228.8K
NOI $13,728 @ 7.0% cap · market cap 7.04%
Theoretical Best
Specialty Retail
$461.9K
$404.2K – $538.9K
NOI $32,333 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48623, MI
15,105
Population
5,495
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
96%
High-School Grad
72.8 sq mi
ZIP Area
207
Density / Sq Mi
$96,371
Median Household Income
$54,433
Median Earnings
$1,176
Median Rent
$230,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heated, insulated unit offers secure access, a private restroom, and flexible room for storage, work, or recreation.
Where is this flex space located?
The property is located at 6340 Goose Drive Freeland, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2,500‑square‑foot Unit 5 with a 50' x 50' interior; Radiant tube heat and insulated construction for year‑round use; Two 16' x 14' overhead doors for large vehicles and equipment
