0 Grand Hvn Rd And Sternberg Rd, Norton Shores, MI 49441
This exceptional retail outlot, designated as Outlot 'C', presents a compelling investment opportunity in the thriving Norton Shores, Michigan market. Part of the Pointes (PNTS) Shopping Center, this 1.3-acre parcel offers 56,587 square feet of space, priced at $375,000 ($6.62/sq ft). Strategically located at the northeast corner of Grand Haven Road and Sternberg Road, the property benefits from exceptional visibility and accessibility. Sternberg Road, a major off-ramp from US-31, boasts an impressive Average Daily Traffic (ADT) of 40,824 vehicles, while the intersection with Grand Haven Road sees an ADT of 25,187. This high-traffic location ensures significant exposure for any business. The property features multiple driveways on both roads, providing safe and convenient ingress/egress. The surrounding area offers a diverse mix of residential, industrial, and commercial properties, including a substantial daytime workforce exceeding 17,013. The proximity to Muskegon County Airport and a business park further enhances the location's appeal. This outlot is one of four available along the north side of Sternberg Road, with the westernmost two parcels potentially combinable for larger-scale development. This presents a rare opportunity to establish a presence in a dynamic and high-demand retail corridor.
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.