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    OFF-MARKET
    Land

    2725 Olthoff Dr, Muskegon, MI 49444

    28.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 28.76 ac (1,252,786 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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