Financial
Distress signals
Property profile

560 E Broadway Ave Muskegon Heights, MI 49444

FOR SALE
Other industrial properties
Property ID
US43-1330248
17,981 SF 1.54 ac lot Built 1978
Last sale Dec 2020 · $299,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a purpose-built industrial cannabis cultivation facility configured for compliance with Michigan Cannabis Regulatory Agency (CRA) requirements and designed for large-scale indoor grow operations. It is housed in an approximately 17,981-square-foot building on a 1.55-acre site, with licensed capacity totaling 3,500 plants across one Class C Adult-Use Cultivation License (2,000-plant capacity) and one Class C Medical Grower License (1,500-plant capacity), supporting an indoor…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$233k
Effective rate7.09%

Value estimate

· Sep 2026
$295k
$266k – $325k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$42/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$15 – $71

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.1
Law Firm23.2
Restaurant19.5

Location

560 E Broadway Ave Muskegon Heights, MI 49444
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2532 Getty, Muskegon, MI 49444-1706 $300,000 Jan 2025 20,450 SF
2724 Riordan, Muskegon, MI 49444-2233 $340,000 Sep 2024 22,250 SF
2221 Lemuel, Muskegon, MI 49444-1366 $360,000 Aug 2023 15,429 SF
2517 6th, Muskegon, MI 49444-1452 $160,000 Jun 2023 20,796 SF
1889 Sun Dolphin, Muskegon, MI 49444-1878 $161,064 Aug 2022 13,140 SF
2724 9th, Muskegon, MI 49444-1945 $100,000 Mar 2020 17,849 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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