Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Apple Ave Muskegon, MI 49442

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Muskegon County land, various sizes available.

    Lot size:
    1 SF

    Property Features for 0 Apple Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Spaces For Lease

    at 0 Apple Ave, Muskegon, MI 49442 Contact us

    We can help!

    Listing Contact
    Marvin Petrous
    Marvin Petrous

    Listing Agency: Signature Associates Listing Agent: Marvin Petrous

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

    Learn more

    Overview

    This exceptional commercial land parcel, located on E. Apple Ave in Muskegon, Michigan, presents a unique investment opportunity. The property is zoned PUD, offering flexibility for a variety of commercial developments. The lot size ranges from one to 16.65 acres, providing options for businesses of all scales. With a generous 416-foot frontage on E. Apple Ave, the property boasts excellent visibility and accessibility. The single-tenant designation ensures ease of management and control. Situated in Muskegon County, this location benefits from a strong local economy and convenient access to major transportation routes. The property is ideal for businesses seeking a prominent location with ample space for expansion or development. The zoning designation allows for a wide range of commercial uses, making it an attractive option for entrepreneurs and investors alike. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location within Muskegon. The property's size and zoning make it suitable for a variety of commercial projects, from small retail spaces to larger-scale developments. Serious inquiries are encouraged to explore the potential of this prime commercial land. The zip code is 49442.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.1353228
    Latitude
    43.2346873

    Nearby Similar for Lease

    • $1,950 /Mo
      1,760 SF

      Lakeshore Drive Commercial Space

      White box commercial space in a high-traffic Lakeside Social District.
      1949 Lakeshore Dr, Muskegon, MI 49441
      View Details
    • $2,600 /Mo
      2,748 SF

      Prime Lakeshore Drive Commercial Space

      Versatile commercial space in Muskegon's vibrant Lakeside Social District.
      1953 Lakeshore Dr, Muskegon, MI 49441
      View Details
    • $1,300 /Mo
      1,774 SF

      Muskegon Commercial Space For Lease

      Versatile commercial space ready for customization in Muskegon, Michigan.
      3101 S Getty St, Muskegon, MI 49444
      View Details
    • $1,300 /Mo
      1,774 SF

      Muskegon Commercial Space For Lease

      Versatile commercial space ready for customization in Muskegon, Michigan.
      3101 S Getty St, Muskegon, MI 49444
      View Details
    • $13 SF/Yr
      5,234 SF

      Class A Office Space Available

      Modern office space for lease in Muskegon's Harvey Street corridor.
      5797 Harvey St, Muskegon, MI 49444
      View Details
    • $14 SF/Yr
      4,492 SF

      Class A Office Space Available

      Modern office space for lease in Muskegon's busy corridor.
      5797 Harvey St, Muskegon, MI 49444
      View Details
    • $14 SF/Yr
      742 SF

      Class A Office Space Available

      Modern office space for lease in a two-story building.
      5797 Harvey St, Muskegon, MI 49444
      View Details
    • $19 SF/Yr
      2,130 SF

      Medical Office Space For Rent

      Professional office space within Trinity Health campus, customizable to requirements.
      1250 Mercy Dr, Muskegon, MI 49444
      View Details
    • $1,800 /Mo
      1,114 SF

      Remodeled Office Building Near Port

      34,956 SF remodeled office building near Muskegon Lake.
      1161 W Southern Ave, Muskegon, MI 49441
      View Details
    • $1,500 /Mo
      708 SF

      Remodeled Office Building in Muskegon

      Completely remodeled office building near Muskegon Lake and Pere Marquette Park.
      1161 W Southern Ave, Muskegon, MI 49441
      View Details
    • $1,500 /Mo
      690 SF

      Remodeled Office Building in Muskegon

      High-tech, remodeled office space near Muskegon Lake and Pere Marquette Park.
      1161 W Southern Ave, Muskegon, MI 49441
      View Details
    • $1,500 /Mo
      925 SF

      Muskegon Office Space For Rent

      Well-appointed upper-level office space with build-out options and ample parking.
      1461 Evanston Ave, Muskegon, MI 49442
      View Details

    FAQs

    What type of property is this?
    Land - Prime Muskegon County land, various sizes available.
    Where is this land located?
    The property is located at Apple Ave Muskegon, MI.
    What are key features of this property?
    This property features: 16.65 acres available for development.; PUD zoning.; Excellent development opportunity.
    (248) 359-0647 Call to check price and availability
    Request Owner's contact information
    Apple Ave Muskegon, MI 49442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Apple Ave
    Muskegon, MI 49442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Apple Ave Muskegon, MI 49442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Marvin Petrous
    Marvin Petrous
    Real Estate License ID: 6501386692
    (248) 359-0647 (248) 505-4400 (248) 374-7700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!