Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3383 Blue Star Hwy Saugatuck, MI 49453

FOR SALE
Retail space
Property ID
US43-2335424
1,280 SF 0.67 ac lot Built 1984
Last sale Sep 2025 · $330,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a C-1 zoned commercial land parcel containing approximately 0.67 acres with about 100 feet of frontage along Blue Star Highway. On the site there is a 1,280-square-foot, open-plan work studio built in 1984, which includes one bathroom and is served by air conditioning, natural gas service, and public water.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$65k
Assessed land$22k
Assessed improvement$43k

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$335k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$3k
Operating expenses−$5k
NOI · 4.09% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$41 – $220

Cap rate analysis

How does the asset earn?
4.09%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.9
Auto Parts Store8.9
Locksmith8.7

Location

3383 Blue Star Hwy Saugatuck, MI 49453
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
403 Water, Saugatuck, MI 49453 $216,000 Sep 2024 980 SF
314 Butler, Saugatuck, MI 49453-9499 $500,000 Dec 2023 936 SF
6069 Blue Star, Saugatuck, MI 49453-9725 $2,500,000 Jan 2023 3,230 SF
242 Butler, Saugatuck, MI 49453-9493 $370,000 Sep 2021 1,842 SF
318 Butler, Saugatuck, MI 49453 $340,000 Jul 2019 1,287 SF
3279 Blue Star, Saugatuck, MI 49453-9432 $125,000 Oct 2018 2,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again