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    Muskegon Land Near Lake Michigan Title is generated by Realmo AI

    3624 Kern Road, Muskegon, MI 49445

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    Claim this Listing
    Pending
    $64,900

    LAND - Muskegon, MI

    Lot size:
    1.29 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 3624 Kern Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    09016100003200
    Lot size
    1.29 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LAKETON TOWNSHIP L-436B SEC 16 T10N R17W E 10 AC OF SE 1/4 OF NW 1/4 EXC N 1158 FT TH'OF TH E 33 FT AND S 33FT TH'OF TO BE USED FOR ROAD PURPOSES
    Tax Annual Amount
    630

    Utilities

    Utilities
    Phone Available

    We can help!

    Listing Contact
    Samuel Greenstein

    Listing agent Samuel Greenstein License #6506047371

    Listing office Coldwell Banker Woodland Schmidt 466 E 16th St, Holland, MI

    Listing date Apr 13, 2026

    MLS# 26014968 Listing URL

    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.

    HighLights

    • Rare 1.25‑acre parcel grandfathered under Laketon Township zoning, allowing building where new lots require 3 acres.
    • Prepped and cleared lot with driveway installed, utilities at the street, and address registered with emergency services.
    • Direct access to outdoor activities and Lake Michigan from across the street from Muskegon State Park's trail network.
    • Consumers Energy transformer on‑site with approved plans and high‑speed fiber internet available.
    • Minutes from Lake Michigan.
    • Septic and well quotes obtained; city water nearby.

    Overview

    This 1.29-acre parcel on Kern Road in Muskegon presents an opportunity to build a custom home near Lake Michigan. The lot has been prepped and cleared, with over 40 trees removed, stumps dug out, and a driveway installed that is fully permitted and compacted with recycled road base. Utilities are available at the street, and the address is registered with emergency services. A Consumers Energy transformer is on-site with approved plans, and high-speed fiber internet is available. Septic and well quotes have been obtained, and city water is located down the road. The parcel is grandfathered in under Laketon Township zoning, allowing construction where new lots now require a minimum of 3 acres. The property is located across the street from Muskegon State Park's trail network, providing access to activities such as walking, biking, snowshoeing, and skiing. The Muskegon Winter Sports Complex and Lake Michigan's shoreline are also nearby. This location offers potential for a year-round residence or a seasonal getaway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Hotel & Motel Kitchen & Bath Showroom Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Plumbing Service Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.332933
    Latitude
    43.257198

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared 1.29-acre parcel ready for custom home near Lake Michigan.
    Where is this residential land & home lot located?
    The property is located at 3624 Kern Road Muskegon, MI.
    What is the asking price?
    The asking price for this property is $64,900.
    What are key features of this property?
    This property features: Rare 1.25‑acre parcel grandfathered under Laketon Township zoning, allowing building where new lots require 3 acres.; Prepped and cleared lot with driveway installed, utilities at the street, and address registered with emergency services.; Direct access to outdoor activities and Lake Michigan from across the street from Muskegon State Park's trail network.
    (616) 377-8312
    We can help!
    Listing Contact
    Samuel Greenstein
    Real Estate License ID: 6506047371
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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