Financial
Distress signals
Property profile

1812 Lakeshore Dr Muskegon, MI 49441

FOR SALE
Other commercial real estate
Property ID
US43-4736767
9,690 SF 0.38 ac lot
Last sale Aug 2016 · $128,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 9,690-square-foot building located in Muskegon’s Lakeside District near the Cross Lake Ferry and Great Lakes Marina, with proximity to the Lake Michigan Fast Ferry shortcut and Lake Express High Speed Ferry, and within minutes of Pere Marquette Beach. The building is configured for warehouse and storage use. Zoning is designated as FORM-BASE CODE, a land development regulation focused on physical form. The surrounding Lakeside area includes entertainment and retail establishments.

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?
$5k
Tax billed · 2023
Assessed value · 2024$88k
Effective rate5.41%

Value estimate

· Sep 2026
$425k
$383k – $468k
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$3k
Operating expenses−$40k
NOI · 16.31% cap applied$93k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?
16.31%
$93k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LFBC-LC
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 agency15.9
Law Firm13.6
Dental Office12.0

Location

1812 Lakeshore Dr Muskegon, MI 49441
County assessor Recorded deeds · 4 transfers 4 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
354 Dl, Muskegon, MI 49441-2462 $240,000 Dec 2025 6,370 SF
950 Norton, Muskegon, MI 49441-4169 $185,000 May 2025 5,908 SF
3505 Marina Vw, Muskegon, MI 49441-6406 $750,000 Mar 2025 6,516 SF
2330 Barclay, Muskegon, MI 49441-3204 $1,800,000 Jan 2025 15,160 SF
695 Hackley, Muskegon, MI 49441-3042 $400,000 Nov 2024 5,973 SF
174 Sinclair, Norton Shores, MI 49441-5545 $400,000 Jun 2024 11,000 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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