Financial
Distress signals
Property profile

3355 Henry St Muskegon, MI 49441

FOR LEASE
Commercial real estate
Property ID
US43-1118976
25,685 SF 2.41 ac lot Built 2004
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 3355 Henry Street in Muskegon, Michigan, 49441. The property offers five available retail spaces ranging in size from 1,484 square feet to 3,773 square feet, perfect for a variety of businesses. The building is situated in a high-traffic area within a thriving retail strip center, providing excellent visibility and accessibility for customers. Ample parking is available for both tenants and their customers, ensuring convenience and ease of

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?
$69k
Tax billed · 2023
Assessed value · 2024$1.17M
Effective rate5.86%

Value estimate

· Sep 2026
$630k
$567k – $693k
Submarket $/SF estimate$3.38M
NOI build-up
Gross scheduled income$487k
Vacancy & credit loss−$13k
Operating expenses−$142k
NOI · 3,320,280.00% cap applied$332k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
3,320,280.00%
$332k 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?
C-SE
JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop20.9
Building Supply18.8
Auto Repair Shop14.9

Location

3355 Henry St Muskegon, MI 49441
County assessor Recorded deeds · 4 transfers 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
3505 Marina Vw, Muskegon, MI 49441-6406 $750,000 Mar 2025 6,516 SF
1916 Sanford, Muskegon, MI 49441-2539 $100,000 Feb 2025 18,880 SF
1901 Peck, Muskegon, MI 49441-2534 $250,000 Feb 2025 18,586 SF
2330 Barclay, Muskegon, MI 49441-3204 $1,800,000 Jan 2025 15,160 SF
825 Western, Muskegon, MI 49441-1665 $350,000 Jan 2025 44,592 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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