Flex Industrial
For Sale
$675,000
Pending
80 W 64th St, Holland, MI 49423
Commercial Sale, Holland, MI
Property Size7,680 SF
Days on Market1890
Property Features for 80 W 64th St
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Elementary school district
Holland
Middle school district
Holland
High school district
Holland
Directions
Holland Michigan 49423 Head south on S River Ave toward W 12th St 0.5 mi S River Ave turns slightly right and becomes Michigan Ave 0.9 mi Continue onto Washington Ave 2.2 mi Turn left onto W 64th St Destination will be on the right 0.4 mi 80 W 64th St Holland, MI 49423
Subdivision
Holland/Saugatuck - H
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
Legal 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
Listed By:
Thomas S Postma · License #6502135442
(616) 283-2411
Added: Aug 9, 2021
Changed: Oct 8
Last Checked: Oct 11 at 4:06PM
MLS# 21099568
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 7,680-square-foot flex property at 80 W 64th St in Holland is identified as under construction, with a 2021 year built. The property includes multiple suite configurations, including a 3,840-square-foot option with 750 square feet of office area, two restrooms, and warehouse space. Suite 1 is designed with two 14-by-16-foot overhead doors, supporting practical loading and access for industrial users. Forced-air heating is specified, and natural gas is available.
The property is positioned on Holland’s south side near West Michigan Regional Airport, with access to M-40, US-31, and the I-196 interchange. Multiple occupancy arrangements are available, with suite sizes described from 3,840 square feet to 37,375 square feet for sale or lease. The Allegan County parcel number is 53-02-17-100-033.
The property is positioned on Holland’s south side near West Michigan Regional Airport, with access to M-40, US-31, and the I-196 interchange. Multiple occupancy arrangements are available, with suite sizes described from 3,840 square feet to 37,375 square feet for sale or lease. The Allegan County parcel number is 53-02-17-100-033.
Key Highlights
- 7,680‑square‑foot flex property at 80 W 64th St, Holland, MI
- Suite options described from 3,840 SF to 37,375 SF
- Suite 1 includes 750 SF of office space and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,466
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,320
$549.3K
Cap Rate 7%
$392,371
$392.4K
Cap Rate 9%
$305,178
$305.2K
Market Conditions
NOI Build-Up for 7,680 SF
Gross rent
$46.1K $6.00/SF
− Vacancy
−$3.8K −$0.50/SF
EGI
$42.3K $5.50/SF
− OpEx
−$14.8K −$1.93/SF
NOI
$27.5K $3.58/SF
Area
Ottawa County, MI
Vacancy
8.30%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,320
Cap Rate 7%
$392,371
Cap Rate 9%
$305,178
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 authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49423, MI
46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Under-construction flex space offers office, warehouse, restroom, and overhead-door components for varied commercial occupancy.
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: 7,680‑square‑foot flex property at 80 W 64th St, Holland, MI; Suite options described from 3,840 SF to 37,375 SF; Suite 1 includes 750 SF of office space and two restrooms
