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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 Grand Hvn Rd And Sternberg Rd Norton Shores, MI 49441

56,587 SF 1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre outlot, identified as Outlot D, presents a remarkable investment opportunity within the Pointes Shopping Center in Norton Shores, Michigan. Located at the highly visible northeast corner of Grand Haven Road and Sternberg Road, this 56,587 square foot property boasts a strategic position at a lighted, traffic-controlled intersection. The asking price is $375,000, translating to $6.62 per square foot. Sternberg Road, a major off-ramp from US-31 with an average daily traffic count of 40,824 vehicles, provides exceptional accessibility. The intersection with Grand Haven Road sees an average daily traffic count of 25,187 vehicles. This location benefits from a strong trade area, encompassing a daytime workforce exceeding 17,013 individuals, and a diverse mix of industrial, residential, and commercial development. The proximity to Muskegon County Airport and a business park further enhances its appeal. Multiple driveways on both Grand Haven Road and Sternberg Road ensure safe and convenient ingress and egress. This property is part of a larger retail center with four outlots along Sternberg Road, each approximately 1.23 acres, offering potential for combination with adjacent parcels. This prime location and high traffic counts make this outlot an ideal investment for a variety of retail uses.

Property profile
Verified
Property type Lifestyle centers
Total area 56,587 SF
Lot 1.3 ac (56,628 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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