Property profile

221 Webster Ave Muskegon, MI 49440

OFF-MARKET
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Property ID
US43-1868245
42,888 SF 2.1 ac Built 1962
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is Core Plaza in Muskegon, Michigan, zoned B-3, situated on a 2.1-acre lot with ample parking. It includes individual coworking office spaces on the fifth floor, each configured for private use; one listed office space provides approximately 113 square feet. Shared building amenities include a reception area, conference rooms, and an employee kitchen/break area. The building also contains Lumberman’s Vault (a food collective) and a cocktail wine bar on the first floor, retail space…

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?
$43k
Tax billed · 2023
Assessed value · 2024$2.44M
Effective rate1.76%

Value estimate

· Nov 2026
$5.85M
$5.26M – $6.43M
Submarket $/SF estimate$5.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 309 recorded sales of this use type
Observed band · Q1–Q3$36 – $136

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?
R - 1
Article IV “R-1, Single-Family Residential”, Section 402: One Family Dwelling Regulations (Repealed and reserved this section since langu...
General categoryRESIDENTIAL
JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.8
Laundry Service9.3
Locksmith9.0

Location

221 Webster Ave Muskegon, MI 49440-1294
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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
313 Webster, Muskegon, MI 49440-1233 $125,000 Aug 2024 24,020 SF
120 Apple, Muskegon, MI 49440-1302 $500,000 Feb 2024 6,700 SF
20 Muskegon, Muskegon, MI 49440-1317 $250,000 Jul 2022 6,330 SF
944 Ter, Muskegon, MI 49440-1376 $350,000 May 2022 5,600 SF
165 Clay, Muskegon, MI 49440-1212 $90,000 Feb 2022 6,320 SF
446 Western, Muskegon, MI 49440-1110 $145,000 Jun 2021 5,402 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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