Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2808 S Mill Iron Rd Muskegon, MI 49444

FOR SALE
Other commercial real estate
Property ID
US43-1181255
8,432 SF 2.4 ac lot Built 1964
Last sale May 2019 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A remodeled commercial building of nearly 9,000 square feet was previously used for reception halls and nightlife venues, and it has also been used to accommodate three church organizations. The interior includes an auditorium/sanctuary designed for live-streaming, audio/visual, and performance use, with a level main floor seating capacity of up to 200 people and an integrated stage. Flexible room configurations support uses such as large gatherings and dinner events, reception hall operations,…

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.

Debts

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$315k
$284k – $347k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$7k
Operating expenses−$44k
NOI · 24.29% cap applied$73k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$74/SF
ZIP average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$29 – $122
Qualifying comparables6

Cap rate analysis

How does the asset earn?
24.29%
$73k 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?
M-1
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 agency19.6
Restaurant17.5
Building Supply17.2

Location

2808 S Mill Iron Rd Muskegon, MI 49444
County assessor · not on file Recorded deeds · 8 transfers 6 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
4280 Airline, Norton Shores, MI 49444-4205 $355,000 Jun 2025 4,800 SF
2861 Milliron, Muskegon, MI 49444-3686 $228,835 May 2025 16,120 SF
4075 Airline, Norton Shores, MI 49444-4277 $565,000 May 2025 7,222 SF
395 Broadway, Muskegon, MI 49444-1946 $75,000 May 2025 5,914 SF
2437 7th, Muskegon, MI 49444-1417 $20,000 Apr 2025 4,978 SF
100 Seaway, Norton Shores, MI 49444-3843 $50,000 Apr 2025 7,264 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again