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    1720 E Sternberg Rd Muskegon, MI 49444

    For Sale
    $3,945,000

    12,000 SF retail property near major retail corridor.

    Property size:
    12,000 SF
    Lot size:
    2.16 Acres

    Property Features for 1720 E Sternberg Rd

    General Information

    Size
    12,000 SF
    Lot size
    2.16 Acres

    Source: Encore Real Estate Investment Services Agent Evan Lyons

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Outparcel Near Lakes Mall

    This 12,000 square foot retail property is an outparcel to Meijer, adjacent to Lakes Mall and a Target power center. The location benefits from high traffic as a highway stop immediately off US-31 exit, and is minutes from I-96 and Muskegon County Airport. The property is situated in a massive retail corridor with Lakes Mall, Lakes Crossing, and Lakeshore Marketplace, attracting 154,000 visitors annually. The tenant mix is service-based and tailored to highway traffic. One tenant, Crumbl Cookies, ranks in the 70th percentile nationally for the chain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2026128
    Latitude
    43.1546931

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    FAQs

    What type of property is this?
    Shopping center - 12,000 SF retail property near major retail corridor.
    Where is this shopping center located?
    The property is located at 1720 E Sternberg Rd Muskegon, MI.
    What is the asking price?
    The asking price for this property is $3,945,000.
    What are key features of this property?
    This property features: - High-traffic location immediately off US-31 exit, a major highway stop.; - Outparcel to Meijer and adjacent to Lakes Mall and Target Power Center.; - Located in a massive retail corridor with 154,000 annual visitors.
    (248) 702-0298
    Request Owner's contact information
    1720 E Sternberg Rd Muskegon, MI 49444
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1720 E Sternberg Rd Muskegon, MI 49444
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