Financial
Distress signals
Property profile

3470 Memorial Dr Muskegon, MI 49445

OFF-MARKET
Other commercial real estate
Property ID
US43-1831389
1,760 SF 1 ac lot
Last sale Sep 2021 · $179,900
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property listing relates to an existing boat rental operation in the Muskegon Lake and Pentwater, Michigan areas, each with waterfront access and docking facilities suitable for boat rental and associated customer use. The operation is described as including onsite facilities for rental activities and customer experience, as well as a fleet of pontoons, safety gear, and rental equipment. The business is further supported by online booking and visibility tools and relies on repeat customer

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?
$4k
Tax billed · 2023
Assessed value · 2024$73k
Effective rate4.88%

Value estimate

· Sep 2026
$180k
$162k – $198k

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

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$38 – $160
Qualifying comparables6

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?
C1
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 agency11.1
Building Supply11.0
Law Firm9.2

Location

3470 Memorial Dr Muskegon, MI 49445-2132
County assessor Recorded deeds · 6 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
1826 Ruddiman, Muskegon, MI 49445-3146 $195,000 Oct 2025 1,585 SF
1573 Whitehall, Muskegon, MI 49445-1349 $292,000 Jul 2025 1,776 SF
2707 Holton, Muskegon, MI 49445-9659 $58,900 Jul 2024 1,732 SF
1251 Witham, Muskegon, MI 49445-2419 $180,000 Jan 2024 2,117 SF
2999 Whitehall, Muskegon, MI 49445-1055 $92,000 Nov 2023 2,080 SF
2165 Whitehall, Muskegon, MI 49445-1348 $290,000 Jan 2023 1,518 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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