3905 32nd St Port Huron, MI 48060
Heavy industrial and retail zoned property near I-94.
- Added:
- Oct 10, 2022
- Days on Market:
- 1372
- Last Refresh:
- May 12 at 8:25 pm
Property Features for 3905 32nd St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Industrial, Mixed Use, Land, Retail, Self Storage
Building Details
- Year Built
- 1950
Listing office KW Commercial Warren/Sterling Heights (248) 649-7200
Listing date Oct 10, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Warren/Sterling Heights
Investment Insights
Based on property information with market context.
Key Highlights
- Heavy industrial zoning with retail frontage, ideal for multiple businesses
- Convenient location right off 94 freeway, near railroads and Lake St. Clair
- Newer sewer and water lines from the street
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $9.00 |
| − Vacancy | −$4.4k | −$0.63 |
| EGI | $58.6k | $8.37 |
| − OpEx | −$17.6k | −$2.51 |
| NOI | $41.0k | $5.86 |
