700 Porter Rd, Norton Shores, MI 49441-5952
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SUD · Norton Shores, MINorton Shores. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.