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Douglas 49408
2930 Blue Star Highway
$230,000
● Land - Off Market

2930 Blue Star Highway

Douglas, MI 49406
bedrooms
Studio
bathrooms
0 Bath
$1,457
Est. Monthly

About This Property

2.9 acre commercial site located on the Blue Star corridor into Douglas and Saugatuck, and right next door to all of the foot traffic of the Saugatuck Antique Pavilion and the Saugatuck Brewing Company  With nearly 290 feet of Blue Star Hwy frontage, and is just .10 mile north of I196 exit #36 it offers many uses with C-2A zoning!
Unit Size
-
Days on Market
-
Land Size
2.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$327
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25011416)

Price History

Date / Event Date Event Price
Sep 22, 2025 No longer available -
No longer available
Apr 4, 2025 In contract -
In contract
Mar 22, 2025 Listed by CENTURY 21 Affiliated $230,000
Listed by CENTURY 21 Affiliated
Dec 1, 2021 Sold
Premium
Sold
Oct 30, 2020 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 267,023
  • Lot Size Depth Feet: 13,200
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000006130
  • Standard Land Use Code: 8002
  • County Land Use Code: 202
  • Legal Description 1: COM AT E 1/4 COR TH N 652.93' TO POB TH W 650' TH N 653.16' TH E 215.99' TH S 361.78' TH E 434' TH S 288.34' TO POB SEC 20

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: 3080
  • Census Tract: 030800

Geography

  • District: 59
  • Parcel: 59-020-003-00
  • Meridian: SEC 20 TWN 03N RNG 16W
  • Municipality: CITY OF VLG OF DOUGLAS
  • Latitude: 42.6315
  • Longitude: -86.2119

    Address

  • Full Address: 2930 Blue Star Hwy
  • Address - House Number: 2930
  • Address - Street Name: Blue Star
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Douglas
  • Carrier Code: R777
  • 4-Digit Zip Code: 5195
  • Zip Code: 49406

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $0
  • Tax Rate Code Area: SAUGATUCK

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Market Valuation

  • Market Total Value: $196,160

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $98,100
  • Assessed Land Value: $98,100

    Sales

  • Current Sale Contract Date: Sep 25, 2000
  • Current Sale Recording Date: Sep 25, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Douglas

Stats & Trends

Median Asking:

$744,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2243 ft²

Average Home Age

48 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 580 Mason Street, Saugatuck, MI, 49453

$4,850 /mo

  • 4 Beds
  • 2 Baths
  • 1,650 ft²
580 Mason Street, Saugatuck, MI, 49453 Listing by Donna Agnew

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Elizabeth Ann Engel, CENTURY 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25011416
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2930 Blue Star Highway built and last sold?
The property at 2930 Blue Star Highway was built in and last sold on Sep 25, 2000 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 2930 Blue Star Highway is $232,300.
What are some comparable homes to 2930 Blue Star Highway?
There are currently no comparable homes to 2930 Blue Star Highway.
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