Flex Space with Fenced
New
For Sale
$636,000
6340 king Road, Marine City, MI 48039
COM/IND/BUS OPP, Marine City, MI
Property Size6,000 SF
Lot Size2.69 Acres
Price / SF$106
Days on Market3
Property Features for 6340 king Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Exterior features
Fenced Yard
Fencing
Fenced
Lot features
Main Street
Subdivision
Marine City (74027)
Standard status
Active
APN
74020023011200
Size
6,000 SF
Lot size
2.69 Acres
Taxes and HOA fees
Tax Annual Amount
8306
Utilities
Heating system
Forced Air, Radiant
Water source
Public
Building Details
Year built
2012
Listing Agency:
Sine & Monaghan Realtors LLC St Clair
(810) 329-9001
Listed By:
Penne Wallace
(810) 247-0300
Added: Oct 27
Last Checked: Oct 29 at 10:06AM
MLS# 50226050
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 6,000-square-foot flex property, built in 2012, includes 1,000 square feet of office space and a 5,000-square-foot shop. The office area has a kitchen, a bathroom, and three additional offices; the shop area includes a separate bathroom. Radiant and forced-air heating serve the building, and public water is available.
The property occupies 2.69 acres and includes a fenced yard. A permanent easement allows for a tower in the fenced area at the rear of the property. King Road provides a route described as a straight run to I-94.
The property occupies 2.69 acres and includes a fenced yard. A permanent easement allows for a tower in the fenced area at the rear of the property. King Road provides a route described as a straight run to I-94.
Key Highlights
- 6,000‑square‑foot building with 1,000 square feet of office space and a 5,000‑square‑foot shop
- Built in 2012
- Office area includes a kitchen, bathroom, and three additional offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,154
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,080
$703.1K
Cap Rate 7%
$502,200
$502.2K
Cap Rate 9%
$390,600
$390.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$3.8K −$0.63/SF
EGI
$50.2K $8.37/SF
− OpEx
−$15.1K −$2.51/SF
NOI
$35.2K $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%
$703,080
Cap Rate 7%
$502,200
Cap Rate 9%
$390,600
Alternative Uses
Best Use
Flex RnD
$1.04M
$908.6K – $1.21M
NOI $72,685 @ 7.0% cap · market cap 11.43%
Second Best
Industrial
$502.2K
$439.4K – $585.9K
NOI $35,154 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$4.51M
$3.95M – $5.26M
NOI $315,742 @ 7.0% cap · market cap 49.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48039, MI
7,485
Population
3,701
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
92%
High-School Grad
23.0 sq mi
ZIP Area
325
Density / Sq Mi
$76,304
Median Household Income
$42,715
Median Earnings
$879
Median Rent
$170,800
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
Similar Off Market Nearby
- Achatz Catering — 6105 King Rd, Marine City, MI 48039
Frequently Asked Questions
What type of property is this?
Flex space - Office and shop areas are complemented by a fenced outdoor area, kitchen, and bathrooms.
Where is this flex space located?
The property is located at 6340 king Road Marine City, MI.
What is the asking price?
The asking price for this property is $636,000.
What are key features of this property?
This property features: 6,000‑square‑foot building with 1,000 square feet of office space and a 5,000‑square‑foot shop; Built in 2012; Office area includes a kitchen, bathroom, and three additional offices
