5365 Grand Haven Rd Norton Shores, MI 49441
This exceptional 2.28-acre commercial land parcel presents a unique investment opportunity in Norton Shores, Michigan. Located on Grand Haven Road, this property boasts a high-traffic location within the Sternberg-Grand Haven Road corridor, benefiting from proximity to major manufacturers, the Sternberg-Harvey Street retail area, and Muskegon County Airport. The site offers significant development potential, with utilities readily available including sanitary sewer and water. The lot itself measures 635 feet deep and 155 feet wide, totaling 99,317 square feet. The property is zoned GO, providing flexibility for a variety of commercial uses. The asking price is $300,000, translating to approximately $131,579 per acre, reflecting the prime location and development potential. This is an ideal opportunity for investors or developers seeking a strategically located parcel in a thriving commercial area. The property's accessibility and visibility make it an attractive site for a wide range of retail or commercial ventures. Given its size and location, this property is poised for significant return on investment. Serious inquiries are encouraged.
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
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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.