Property profile

1847 Letart Ave Muskegon, MI 49441

OFF-MARKET
Commercial real estate
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Property ID
US43-0331894
3,864 SF 0.34 ac Built 1990
Last sale May 2025·$417,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$126k
Effective rate6.14%

Value estimate

· Nov 2026
$440k
$396k – $484k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$44 – $136
Qualifying comparables12

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

What can be built here?
B-4
ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is...
General categoryCOMMERCIAL
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 agency17.7
Law Firm15.1
Dental Office12.6

Location

1847 Letart Ave Muskegon, MI 49441-1494
County assessor Recorded deeds · 6 transfers 12 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
402 Monroe, Muskegon, MI 49441-1938 $280,000 Sep 2025 2,593 SF
2465 Lakeshore, Muskegon, MI 49441-1331 $99,900 Jul 2025 2,744 SF
977 Seminole, Norton Shores, MI 49441-4341 $275,000 Jun 2025 3,747 SF
4382 Henry, Norton Shores, MI 49441-4975 $490,000 Mar 2025 2,720 SF
491 Houston, Muskegon, MI 49441-1914 $45,000 Dec 2024 5,168 SF
1229 Peck, Muskegon, MI 49441-3187 $200,000 Jul 2024 4,375 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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