Financial
Distress signals
Property profile

940 Turner Ave Muskegon, MI 49442

OFF-MARKET
Other commercial real estate
Property ID
US43-4335426
3,000 SF 0.39 ac lot
Last sale Feb 2026 · $71,350
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 3,000 sq. ft., two-story building is located in Muskegon, Michigan on a 0.39-acre lot and is positioned at the end of the road. The main level includes 12-foot ceilings and the property has a loading dock. The site is fully fenced and includes a gated entry. The building is currently zoned industrial, and the city has indicated the possibility of rezoning to commercial or residential use. The layout is adaptable for uses such as a mechanic shop, small manufacturing, contractor workspace,

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?
$996
Tax billed · 2023
Assessed value · 2024$16k
Effective rate6.11%

Value estimate

· Sep 2026
$75k
$68k – $83k

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

Recently sold

What actually traded nearby?
$53/SF
ZIP average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$26 – $83
Qualifying comparables7

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?
I-1
ARTICLE XIV - I-1 LIGHT INDUSTRIAL DISTRICTS SECTION 1401: SPECIAL LAND USES PERMITTED The following uses, and their accessory buildings ...
General categoryINDUSTRIAL
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 agency25.2
Law Firm21.5
Dental Office19.7

Location

940 Turner Ave Muskegon, MI 49442-5822
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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
960 Home, Muskegon, MI 49442-3730 $419,333 Dec 2025 3,698 SF
312 Jackson, Muskegon, MI 49442-1113 $198,000 Dec 2025 2,492 SF
870 Pne, Muskegon, MI 49442-1037 $242,000 Sep 2025 3,800 SF
1401 Apple, Muskegon, MI 49442-3748 $1,583,333 Jun 2025 2,526 SF
62 Irwin, Muskegon, MI 49442-5061 $55,000 Apr 2025 2,583 SF
1148 Ter, Muskegon, MI 49442-3449 $170,000 Feb 2025 2,740 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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