$459,000 2,184 SF

376 N 3Rd Ave, Fruitport, MI 49415
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A one-level commercial building located at 376 N 3rd Avenue in Fruitport, Michigan, configured for restaurant and drive-through food service operations. The building includes multiple bathrooms and is served by city water and sewer connections suitable for daily use. The site supports an established drive-through arrangement intended to accommodate quick-service concepts. The exterior had been painted in 2025, contributing to an updated exterior appearance. The property is historically…

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 · 2023

What does the county charge?

$4k

Tax billed · 2023

Assessed value · 2024$94k

Effective rate4.25%

Value estimate

· Oct 2026

$375k

$338k – $413k

NOI build-up

Gross scheduled income$34k

Vacancy & credit loss−$1k

Operating expenses−$8k

NOI · 5.29% cap applied$24k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?

$78/SF

County average, outlier-cleaned · 409 recorded sales of this use type

Observed band · Q1–Q3$35 – $136

Qualifying comparables7

Cap rate analysis

How does the asset earn?

5.29%

$24k 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?

V-B

JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand index

Realty agency11.5

Parking Facility9.9

HVAC Service9.7

376 N 3Rd Ave Fruitport, MI 49415

County assessor Recorded deeds · 3 transfers 7 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

Address Sale price Sold Size

227 Park, Fruitport, MI 49415-9633 $120,000 May 2025 1,787 SF

22 3rd, Fruitport, MI 49415-9699 $60,000 Mar 2025 2,259 SF

6646 Walker, Fruitport, MI 49415-8910 $250,000 Oct 2023 2,188 SF

24 3rd, Fruitport, MI 49415-9699 $120,000 May 2023 1,580 SF

340 3rd, Fruitport, MI 49415-9701 $159,900 Jun 2020 2,496 SF

34 Oak, Fruitport, MI 49415-8834 $100,100 Jun 2020 3,000 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

Value Estimation
$140,000

2,041 SF

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COMMERCIAL (GENERAL)

6521 Airline Rd, Fruitport, MI 49415-8909

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Value Estimation
$155,000

1,968 SF

3520 Pontaluna Rd

COMMERCIAL (GENERAL)

3520 Pontaluna Rd, Fruitport, MI 49415-8704

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Value Estimation
$175,000

2,496 SF

340 3rd Ave

COMMERCIAL (GENERAL)

340 3rd Ave, Fruitport, MI 49415-9701

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Value Estimation
$150,000

2,712 SF

114 3rd Ave

COMMERCIAL (GENERAL)

114 3rd Ave, Fruitport, MI 49415-8844

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Value Estimation
$145,000

1,600 SF

80 3rd Ave

COMMERCIAL (GENERAL)

80 3rd Ave, Fruitport, MI 49415-8920

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Value Estimation
$240,000

3,072 SF

6543 Airline Rd

COMMERCIAL (GENERAL)

6543 Airline Rd, Fruitport, MI 49415-8918

View Details