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2725 Olthoff Dr Muskegon, MI 49444

OFF-MARKET Land Google Maps
28.76 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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