Property summary
This exceptional 0.91-acre vacant land parcel presents a unique investment opportunity in the heart of downtown Muskegon, Michigan. Strategically located adjacent to the burgeoning Adelaide Pointe lakefront development, this property offers unparalleled potential for a variety of commercial or industrial uses. Adelaide Pointe's ambitious mixed-use plan includes a marina, restaurant and retail spaces, a boat dealership, boat condominiums and storage, and residential condominiums, creating a vibrant and dynamic environment. The property's proximity to this exciting development ensures high visibility and accessibility, attracting a diverse range of potential clientele. The asking price of $365,000 reflects the significant value and growth potential inherent in this prime location. This is an exceptional chance to capitalize on the revitalization of downtown Muskegon and become a part of a thriving waterfront community. The property is situated at 1195 W Western Ave, Muskegon, MI 49441, in Muskegon County. Any development complementing the existing Adelaide Pointe project would be highly advantageous. This is a rare opportunity to acquire a sizable parcel in a rapidly developing area with significant long-term growth prospects. Don't miss out on this chance to secure a piece of Muskegon's exciting future.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
b. New pools shall not be located underneath existing overhead wiring. SECTION 2318: COTTAGE COURT DEVELOPMENTS Cottage court developments are permitted in the R zoning district and the Form Based Code zoning district’s…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
FBC-NE · Muskegon, MIb. New pools shall not be located underneath existing overhead wiring. SECTION 2318: COTTAGE COURT DEVELOPMENTS Cottage court developments are permitted in the R zoning district and the Form Based Code zoning district’s…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
b. New pools shall not be located underneath existing overhead wiring. SECTION 2318: COTTAGE COURT DEVELOPMENTS Cottage court developments are permitted in the R zoning district and the Form Based Code zoning district’s…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for FBC-NE in Muskegon, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight