Property profile

700 Porter Rd Norton Shores, MI 49441

OFF-MARKET
Industrial land
Property ID
US43-3112540
4.58 ac lot
Entity Owned Absentee Owner Free & Clear
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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

Location

700 Porter Rd Norton Shores, MI 49441-5952
Norton Shores metro Census 2602 MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Zoning & alternative use

SUD · Norton Shores, MI
Zoning description

DIVISION 17. - SUD SPECIAL USE DISTRICT Sec. 48-746. - Scope, purpose and intent. Because of the unusual nature of a number of land uses, and the special considerations to be given them as they impact on adjoining land u…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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