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Property profile & analytics

316 Morris Ave Muskegon, MI 49440

  • Commercial real estate
  • 111,720 SF
  • 5.00 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1494510
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 316 Morris Ave

Year built
1978
Lot size
5.00 lot acres
Property size
111,720 SF
Zone code
FBC-MS
Property type
Commercial real estate
APN
61-24-792-000-0001-00
APU
6124792000000100

Description

Terrace Plaza, a seven-story, 119,890 square foot Class B office building in downtown Muskegon, Michigan, offers a variety of executive, medical, creative, and traditional office spaces for lease. Built in 1978 and renovated in 2014, this multi-tenant building boasts 9'-5" ceilings and 377 parking spaces, including underground options. Located at 316 Morris Avenue, near Shoreline Drive, the property sits on a 4.28-acre lot (186,437 sq ft) and is served by Consumers Energy. The building features a modern design with high-performance glass and concrete masonry, a beautifully landscaped exterior, and a stylish lobby. Amenities include a state-of-the-art fitness center, a UPS drop box, vending services, and easy access to public transportation, including the Muskegon Area Transit System Terminal. The efficient floorplates offer zoned HVAC systems, redundant fiber optics, and access control, allowing for flexible and customizable office suite designs. The building's central core facilitates space planning, and light-filled offices are available in various sizes, from small suites to large blocks of space. The property's prime location offers serene views of Muskegon Lake and proximity to downtown amenities, including the Muskegon Farmers Market. Convenient access to US-31 and I-96, along with the nearby Muskegon County Airport, ensures easy commuting and business travel. The building's zoning is FBC-MS - Form Based Code Main Street, and its APN is 24-792-000-0000-00. Muskegon County taxes are $0.09 per square foot. The upper floors include luxury residential units. This location provides access to a well-educated workforce, with 22.5% of Muskegon residents holding college degrees, and is near numerous nationally recognized businesses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Muskegon
County
Muskegon
State
Michigan
Longitude
-86.2514
Latitude
43.2388
CBSA code
34740
CBSA name
MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,239
$0.00
$0.00
$162,500
-
$0.00
$0.00
$325,000
More about this property
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