You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

700 Terrace Point Rd Muskegon, MI 49440

46,832 SF 4.23 ac lot Built 1989
Property ID
Property summary
AI-generated overview

Terrace Point, a Class A, four-story office building (46,832 square feet) in Muskegon, Michigan, offers stunning waterfront views on Muskegon Lake. Built in 1989 and renovated in 2014, this iconic building features multiple tenancy options ranging from 1,468 to 5,715 square feet, catering to diverse business needs. The property sits on a 4.23-acre lot (184,259 square feet) and boasts a 0.25 building FAR. Amenities include a state-of-the-art fitness center, 196 parking spaces (including underground), and convenient access to public transportation. The building features efficient floorplates with a central core, light-filled offices, redundant fiber optics, access control, and zoned HVAC systems. Suites offer customizable interiors, allowing for flexible workspace configurations. The building's exterior showcases a blend of high-performance glass, ceramic tile, and concrete masonry, while the interior boasts a two-story lobby with terrazzo, chrome, and glass accents. Its prime location just north of Downtown Muskegon provides easy access to the city's vibrancy while enjoying serene lake views. The property is served by Consumers Energy and is zoned B-2 - Convenience Comparison Business (APN: 24-205-558-0005-00, Muskegon County). Ceiling heights range from 8'5" to 14'10". Annual property taxes are $1.01 per square foot. The building's proximity to US-31 and Interstate 96, along with the Muskegon County Airport, ensures convenient commuting and travel options. Nearby amenities include the Shoreline Inn, Lake House Waterfront Grille, and the Muskegon Farmers Market. This location offers businesses access to a well-educated workforce and is near several nationally recognized companies.

Property profile
Verified
Property type Office Spaces
Year built 1989
Total area 46,832 SF
Lot 4.23 ac (184,259 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Terrace Point Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message