592 Pontaluna RdNorton Shores, MI 49444

  • Commercial land
  • 3,380 SF
For Sale
$1,650,000 View listing

Property Details for 592 Pontaluna Rd

Year built
1960
Lot size
21.70 AC
Property size (Sq ft)
3,380 SF
Zone code
R-5
Property type
Commercial land
APN
61-27-130-300-0009-00
APU
6127130300000900

Description

This exceptional 382,654-square-foot industrial building, constructed in 2018, is available for lease starting November 1, 2023. Located in Hendricks County, this single-tenant property sits on 25.97 acres and is zoned PUD. The building features a 32-foot ceiling height, providing ample vertical space for various uses. Extensive loading capabilities are provided by 60 loading docks and 4 drive-ins. On-site parking accommodates 237 vehicles. The property includes a 4,100-square-foot main office and an 800-square-foot shipping/receiving office, ideal for efficient operations. Its strategic location offers immediate access to Ronald Reagan Parkway and Interstate I-70, ensuring seamless transportation and logistics. The property benefits from a current property tax abatement, offering significant cost savings. Furthermore, its proximity to FedEx's national hub and UPS's Plainfield hub provides unparalleled access to major shipping networks. The surrounding area boasts a robust amenity base, including restaurants, shopping centers, and hotels, enhancing the convenience and appeal of this prime industrial location. This property is perfectly suited for warehouse/distribution operations and high-tech manufacturing or R&D activities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $706,609
    Hospitality
    $647,250
    Educational
    $538,504
    Medical
    $557,024
    Retail
    $837,673

Location Insight

City
Norton Shores
County
Muskegon
State
Michigan
Latitude
43.1344
Longitude
-86.2611
CBSA code
34740
CBSA name
MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$246
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