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    3009 Laketon Ave Muskegon, MI 49442

    Sponsored
    For Sale
    $549,000

    10,980 SF Flex Space, Muskegon, MI

    Property size:
    10,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,980 square foot industrial property, located at 3009 E Laketon Ave in Muskegon, Michigan, presents a unique opportunity for owner-occupancy or investment. Priced at $549,000 ($54.55/SF), this single-story, pre-engineered steel building offers significant flexibility. Currently a fully enclosed shell, it awaits completion to a buyer's specifications, allowing for customization to meet specific business needs. The building sits on a one-acre lot within Muskegon Township's designated cannabis-approved area, although buyers are responsible for verifying all zoning and usage information. The property is zoned I and features a 14-foot ceiling height. Note that the property is part of a larger parcel, requiring a land division, a process the buyer will need to manage. This versatile space is suitable for various industrial uses, including distribution, flex, warehouse, and R&D applications. The building's single-story design and ample square footage provide efficient workflow and storage capabilities. This is an excellent opportunity to acquire a functional industrial space at an attractive price point in a desirable location. Act quickly to secure this promising investment.

    Property Features for 3009 Laketon Ave

    General Information

    Property type
    Life science properties
    Square Feet
    10,980 SF
    Lot Size
    43,560 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $549,000 asking price for this 10,980 SF industrial property.
    • Located at 3009 E Laketon Ave, Muskegon, MI 49442.
    • Single‑tenant, 1‑story building on a 1‑acre lot.
    • Features 14' ceiling height.
    • Zoned I; suitable for distribution, flex, warehouse, and R&D uses.
    • Pre‑engineered steel building; requires finishing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Food Market HVAC Service Grocery Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.168987
    Latitude
    43.21764

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    FAQs

    What type of property is this?
    Life science property - 10,980 SF Flex Space, Muskegon, MI
    Where is this life science property located?
    The property is located at 3009 Laketon Ave Muskegon, MI.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: $549,000 asking price for this 10,980 SF industrial property.; Located at 3009 E Laketon Ave, Muskegon, MI 49442.; Single-tenant, 1-story building on a 1-acre lot.
    Request Owner's contact information
    3009 Laketon Ave Muskegon, MI 49442
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    Muskegon, MI 49442
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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
    3009 Laketon Ave Muskegon, MI 49442
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