2725 Olthoff Dr, Muskegon, MI 49444
This exceptional 28.76-acre parcel of industrial land is situated within Muskegon's thriving Port City Industrial Park in Muskegon County, Michigan, at 2725 Olthoff Dr, 49444. The property is zoned M-1, offering significant development potential. The asking price is $280,000, translating to a land value of $0.22 per square foot. This strategically located site benefits from its inclusion in a recently expanded industrial park, with an additional 60 acres recently added to the area. Approximately 38 acres remain available for development, including this 28-acre parcel and a separate 10-acre parcel. The City of Muskegon actively seeks manufacturers and developers, prioritizing job creation and retention. The park boasts a strong roster of established businesses, including ADAC, SAF/Holland, Pace Industries, and GE Aviation, providing a robust and supportive industrial environment. This presents a unique opportunity for businesses seeking to establish or expand their operations in a well-established and growing industrial hub. The property's location offers excellent access to transportation infrastructure and a skilled workforce.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.