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Light Industrial Building Portfolio
For Sale
$1,100,000

3319 Dove Street, Port Huron, MI 48060

COM/IND/BUS OPP, Port Huron, MI

Property Size14,900 SF
Lot Size0.37 Acres
Price / SF$73.83
Days on Market175

Property Features for 3319 Dove Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Subdivision Vanness Moak
Lot features Main Street
Standard status Active
APN 28-840-0005-002
Size 14,900 SF
Lot size 0.37 Acres

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 2004
Roof type Shingle
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Anthony Rubino · License #6502425251
Added: Apr 27 Changed: Oct 8 Last Checked: Oct 18 at 7:06AM
MLS# 50205508

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This industrial property includes four buildings totaling 14,900 square feet. Three buildings measure approximately 3,600 SF each, while the fourth contains approximately 4,100 SF. All buildings provide 16-foot ceilings, large overhead doors, forced-air heating, and parking on the site. Constructed in 2004, the property has a shingle roof and public water service.

The property is 75% occupied, with two tenants under new three-year lease agreements. I-L light-industrial zoning supports the existing industrial configuration. Access is available to the Blue Water Bridge international border crossing, I-94, and I-69.

Key Highlights

  • Four industrial buildings totaling 14,900 square feet
  • Three buildings of approximately 3,600 SF and one 4,100 SF building
  • 16‑foot ceiling heights with large overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,299
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,980 $1.7M
Cap Rate 7%
$1,247,129 $1.2M
Cap Rate 9%
$969,989 $970.0K
Market Conditions
NOI Build-Up for 14,900 SF
Gross rent
$134.1K $9.00/SF
− Vacancy
−$9.4K −$0.63/SF
EGI
$124.7K $8.37/SF
− OpEx
−$37.4K −$2.51/SF
NOI
$87.3K $5.86/SF
Area
St. Clair County, MI
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,980
Cap Rate 7%
$1,247,129
Cap Rate 9%
$969,989

Alternative Uses

Best Use
Warehouse
$1.51M
$1.33M – $1.77M (±1% cap)
NOI $106,006 @ 7.0% cap · market cap 9.64%
Second Best
Industrial
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,299 @ 7.0% cap · market cap 7.94%
Theoretical Best
Multifamily LT 5
$11.20M
$9.80M – $13.07M (±1% cap)
NOI $784,092 @ 7.0% cap · market cap 71.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
75%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 48060, MI

39,775
Population
18,066
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
89%
High-School Grad
20.7 sq mi
ZIP Area
1,921
Density / Sq Mi
$51,342
Median Household Income
$32,017
Median Earnings
$1,005
Median Rent
$152,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - Four heated industrial buildings offer overhead-door access, on-site parking, and light-industrial zoning.
Where is this industrial property located?
The property is located at 3319 Dove Street Port Huron, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four industrial buildings totaling 14,900 square feet; Three buildings of approximately 3,600 SF and one 4,100 SF building; 16‑foot ceiling heights with large overhead doors
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