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Flex Space with Built Mezzanine
New
For Sale
$575,000

791 Case Karsten Drive, Zeeland, MI 49464

COMMERCIAL - Zeeland, MI

Property Size2,128 SF
Lot Size4.05 Acres
Price / SF$270.21
Days on Market2

Property Features for 791 Case Karsten Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Zeeland
Middle school district Zeeland
High school district Zeeland
Directions E on 196, N onto Fairview Rd, W onto Riley St, S onto Case Karsten Dr. Units on the corner of Case Karsten Dr and Riley.
Standard status Active
APN 70-17-18-203-001
Size 2,128 SF
Lot size 4.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 1. DRAWFORM PLAT - UNITS 1 & 2
Tax Annual Amount 152
Legal Description LOT 1. DRAWFORM PLAT - UNITS 1 & 2

Utilities

Heating system Radiant

Amenities

Full kitchen with commercial grade appliances
Solid surface countertops
Cupboard storage
Built mezzanine with hangout space
Designated office
Storage space
7 mounted speakers
LED party lights
188 inch projector
Uneekor golf simulator
Mounted basketball hoop
Pickleball court

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Building materials Metal Siding
Roof type Composition
Listing Agency: Coldwell Banker Woodland Schmidt ART Office
Listed By: Derrek Sterken · License #6501451743
Added: Jul 30 Last Checked: Jul 31 at 6:06PM
MLS# 26039564

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.

This 2,128 SF flex space on a 4.05-acre lot is fully finished and designed for a hangout-and-hosting style user. The space includes a full kitchen with commercial-grade appliances, solid surface countertops, and ample cupboard storage. A built mezzanine creates an elevated hangout area above the main floor, along with a designated office and additional storage.

On the recreation side, the unit is set up with a mounted basketball hoop, a Uneekor golf simulator, and an entertainment setup including a 188'' projector and mounted speakers with LED party lights. Radiant heating is provided, and the building features metal siding with a composition roof. Built in 2025, the unit is ready for immediate occupancy.

The layout supports multi-use programming within a single controlled space, combining kitchen amenities, work space, and dedicated recreation and entertainment elements.

Key Highlights

  • 2,128 SF fully finished flex space on 4.05‑acre lot
  • Built in 2025 with radiant heating and composition roof
  • Built mezzanine hangout area plus designated office and storage

Financial Insights For Industrial

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 $46.0k $21.60
− Vacancy −$1.1k −$0.52
EGI $44.9k $21.08
− OpEx −$13.5k −$6.32
NOI $31.4k $14.76
2,128 SF · lease $21.60/SF/yr · vacancy 2.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$448.6K
$392.5K – $523.4K (±1% cap)
NOI $31,403 @ 7.0% cap · market cap 5.46%
Second Best
Flex RnD
$108.7K
$95.1K – $126.8K (±1% cap)
NOI $7,610 @ 7.0% cap · market cap 1.32%
Theoretical Best
Multifamily LT 5
$26.46M
$23.15M – $30.87M (±1% cap)
NOI $1,852,358 @ 7.0% cap · market cap 322.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49464, MI

29,654
Population
11,001
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
73.1 sq mi
ZIP Area
406
Density / Sq Mi
$97,573
Median Household Income
$47,030
Median Earnings
$976
Median Rent
$316,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Newly built flex space featuring a built mezzanine, designated office, and radiant heating.
Where is this flex space located?
The property is located at 791 Case Karsten Drive Zeeland, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,128 SF fully finished flex space on 4.05‑acre lot; Built in 2025 with radiant heating and composition roof; Built mezzanine hangout area plus designated office and storage
More about this property
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