Fully Finished Flex Warehouse
For Sale
$209,900
C-6-2695 Hein Rd, Muskegon, MI 49445
Steel flex warehouse unit with a finished interior, 18' ceilings, 14' overhead door, and 3-phase power.
Property Size1,500 SF
Price / SF$139.93
Days on Market155
Property Features for C-6-2695 Hein Rd
General Information
Standard status
Active
Size
1,500 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Heavy Power
Yes
Listing Agency:
RE/MAX Lakeshore
(616) 935-1150
Listed By:
Sandi L Gentry · License #6506045021
(616) 638-3900
Source:
Exprealty
Added: May 19
Changed: Oct 6
Last Checked: Oct 19 at 7:54AM
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 RE/MAX Lakeshore
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This immaculate 25 x 60 steel unit offers a fully finished interior built for both day-to-day operations and storage needs. The space features 6'' concrete floors, soaring 18' ceilings with lighting and a ceiling fan, and a 14 x 14 overhead door for loading and access. Interior conveniences include a full bath, two mini-split systems for heating and cooling, and 3-phase power, along with city water and sewer. Fast fiber internet is also available for modern business requirements.
The professionally maintained association is listed at $75 per month, covering snow removal and common area upkeep. The property is located just minutes from Highway 31.
Overall, the combination of finished space, high ceilings, and an oversized overhead door makes the unit well-suited for a range of flex-style uses where durability and functionality matter.
The professionally maintained association is listed at $75 per month, covering snow removal and common area upkeep. The property is located just minutes from Highway 31.
Overall, the combination of finished space, high ceilings, and an oversized overhead door makes the unit well-suited for a range of flex-style uses where durability and functionality matter.
Key Highlights
- 25' x 60' steel unit with fully finished interior and 18' ceilings with lights and ceiling fan
- 14' x 14' overhead door for versatile loading and access
- 3‑phase power, city water and sewer, and 6'' concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,388
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,760
$287.8K
Cap Rate 7%
$205,543
$205.5K
Cap Rate 9%
$159,867
$159.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.1K $14.04/SF
− Vacancy
−$505 −$0.34/SF
EGI
$20.6K $13.70/SF
− OpEx
−$6.2K −$4.11/SF
NOI
$14.4K $9.59/SF
Area
Muskegon County, MI
Vacancy
2.40%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,760
Cap Rate 7%
$205,543
Cap Rate 9%
$159,867
Alternative Uses
Best Use
Industrial
$205.5K
$179.9K – $239.8K
NOI $14,388 @ 7.0% cap · market cap 6.85%
Second Best
Flex RnD
$92.5K
$81.0K – $107.9K
NOI $6,476 @ 7.0% cap · market cap 3.09%
Theoretical Best
Hotel Hospitality
$14.09M
$12.33M – $16.43M
NOI $986,059 @ 7.0% cap · market cap 469.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49445, MI
21,245
Population
9,109
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
96%
High-School Grad
61.1 sq mi
ZIP Area
348
Density / Sq Mi
$80,514
Median Household Income
$45,874
Median Earnings
$1,163
Median Rent
$209,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Steel flex warehouse unit with a finished interior, 18' ceilings, 14' overhead door, and 3-phase power.
Where is this flex space located?
The property is located at C-6-2695 Hein Rd Muskegon, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 25' x 60' steel unit with fully finished interior and 18' ceilings with lights and ceiling fan; 14' x 14' overhead door for versatile loading and access; 3‑phase power, city water and sewer, and 6'' concrete floors
