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Property summary
An industrial flex warehouse unit configured with a 24 ft by 60 ft primary area and 21 ft ceiling height, plus an additional 15 ft by 24 ft mezzanine that provides 10 ft 6 in clearance beneath it. The unit includes a 16 ft by 16 ft overhead door with an automatic opener, LED lighting, and industrial ceiling fans. Building systems include closed spray foam insulation, a 100,000 BTU furnace, and a 10-gallon electric water heater. The unit is equipped with a private bathroom and floor drains for operational convenience. Utilities are individually metered, and the unit has 100-amp electrical service to support independent power needs. The listing references the space as a single 1,800-square-foot unit.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Muskegon market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Muskegon, MIARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-4 in Muskegon, MI.
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