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Muskegon Development Opportunity: 48 Acres
For Sale
$1,956,000

4545 Evanston Ave, Muskegon, MI 49442

48 acres of I-2 zoned property in Muskegon, Michigan.

Property SizeContact for details
Lot Size48.00 Acres
Days on Market1476

Property Features for 4545 Evanston Ave

General Information

Standard status Active
Lot size 48.00 Acres
Property subtype Land
Zoning I
Listing Agency: Bradley Company
Listed By: R. Grooters
Source: Carwm.resimplifi
Added: Sep 22, 2022 Changed: Sep 26 Last Checked: Oct 5 at 3:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company

Investment Insights

Based on property information with market context.

This property presents a significant development opportunity in Muskegon, Michigan, situated on 48 acres zoned I-2. The site is located less than 4 miles east of US-31 and less than 2 miles south of M-46, positioning it just under 10 miles by roadway from Muskegon’s Deep-Water Port. Approximately 34 of the 48 acres have been cleared and leveled, while the remaining acreage is level but forested. Soil records indicate the top 26 feet of earth is sand, with a lower layer of 21 feet of water-bearing fine sand. The site requires a well or water tower and a septic system, as municipal water and sewer services are not available. The seller is open to developing a build-to-suit lease option.

Key Highlights

  • 48 acres of I‑2 zoned property suitable for industrial development.
  • 34 acres are already cleared and leveled, reducing initial development costs.
  • Strategic location: less than 4 miles from US‑31, less than 2 miles south of M‑46, and under 10 miles from Muskegon’s Deep‑Water Port.

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 49442, MI

45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 48 acres of I-2 zoned property in Muskegon, Michigan.
Where is this industrial land located?
The property is located at 4545 Evanston Ave Muskegon, MI.
What is the asking price?
The asking price for this property is $1,956,000.
What are key features of this property?
This property features: 48 acres of I‑2 zoned property suitable for industrial development.; 34 acres are already cleared and leveled, reducing initial development costs.; Strategic location: less than 4 miles from US‑31, less than 2 miles south of M‑46, and under 10 miles from Muskegon’s Deep‑Water Port.
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