Property profile

3044 Glade St Muskegon, MI 49444

OFF-MARKET
Other commercial real estate
Property ID
US43-1756606
5,250 SF 0.57 ac lot Built 1981
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial building located on Seaway Drive, a roadway with an estimated volume of 25,000 vehicles per day. The building contains approximately 5,560 total square feet and is configured as two office suites—Suite A with about 3,089 SF and Suite B with about 2,471 SF—with the ability to be combined into a single unit. Building features include fiber internet and a wired high-speed network, LED lighting, front and rear entrances, a mechanical room, and ADA compliance. Separate gas and electric meters service the suites, and the building includes interior and exterior security camera coverage. The exterior and major building systems were remodeled, including Hardie siding, new windows, roof, HVAC, flooring, lighting, insulation, and parking lot improvements, contributing to an energy-efficient configuration. The property also includes a large parking area, professional landscaping with irrigation, and is situated on a 0.57-acre lot; it is suitable for medical, retail, or professional office use.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 5,250 SF
Lot 0.57 ac (25,003 SF)
Zoning code C1-NEIG
APN 61-26-310-000-0046-00
UPID US43-1756606

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Corporate Office

Location

3044 Glade St Muskegon, MI 49444-2705
Muskegon metro Census 1402 MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$330k

Owner & transaction history

since 2016
3 recorded transactions
2022
Price N/A
2016
Price N/A
2009
Price N/A

Zoning & alternative use

C1-NEIG · Muskegon, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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