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    OFF-MARKET
    Industrial land

    700 Porter Rd, Norton Shores, MI 49441-5952

    4.58 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-3112540
    Property summary
    AI-generated overview

    This exceptional 4.58-acre industrial land parcel presents a unique development opportunity in the thriving Muskegon County Airport Business Park, Norton Shores, Michigan. Located at 700 E Porter Rd, 49441, this property boasts a strategic position near the intersection of Sternberg Road and US-31, offering convenient access to Muskegon and Ottawa Counties, as well as quick connections to I-96 and US-31. The land is zoned for Special Use Development (SUD), allowing for flexibility in potential uses, subject to City of Norton Shores approval. This prime location benefits from the proximity to the Muskegon County Airport, currently undergoing significant upgrades, and is surrounded by established national and local retailers. The asking price is $149,000, translating to approximately $32,533 per acre. This represents a compelling investment in a rapidly developing area with excellent infrastructure and accessibility. The property's size and location make it ideal for a variety of industrial uses, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 4.58 ac (199,505 SF)
    Zoning code SUD
    APN 61-27-649-000-0025-00
    UPID US43-3112540
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    BLUE PHOTON REAL EST HOLDINGS LL
    BLUE PHOTON REAL EST HOLDINGS LL
    Zoning & alternative use
    SUD · Norton Shores, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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