Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Riverfront Recreational Land Site Title is generated by Realmo AI

    6609 S Parker Street, Marine City, MI 48039

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    LAND - Marine City, MI

    Lot size:
    2.98 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 6609 S Parker Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Active
    APN
    02-825-0003-000
    Lot size
    2.98 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11646

    Utilities

    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Laura Janski
    Laura Janski

    Listing agent Laura Janski License #6501328247

    Listing office RE/MAX Advisors 34350 23 Mile Rd, New Baltimore, MI

    Listing date Apr 1, 2026

    MLS# 50203047 Listing URL

    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.

    HighLights

    • Prime St. Clair River waterfront site with a dock facility for recreational use
    • Shopping center and restaurants are across the street
    • Public water source available

    Overview

    This waterfront land parcel is marketed as a St. Clair River site intended to enjoy the river and the presence of a dock facility for recreational purposes. The offering consists of a single lot suitable for buyers looking to develop or hold a waterfront location in Marine City. While the property details provided focus on the waterfront orientation and recreational theme, no specific improvements or existing structures are described in the materials.

    Located in Marine City, MI, the property is described as a prime St. Clair River waterfront position. Public remarks note that a shopping center and restaurants are across the street, and that parks and a boat ramp are close by. The proximity to these amenities can be helpful for future plans that may benefit from walkable access to everyday conveniences and nearby outdoor recreation.

    For buyers, this land listing may fit well as a recreational waterfront investment or development opportunity where the primary value is the river setting and close access to public outdoor facilities. Interested parties should confirm any intended uses and site planning requirements directly with the appropriate local authorities, as zoning, utilities, and development specifics are not included in the provided information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store Accounting Firm Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marine City
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.505481
    Latitude
    42.698092

    Nearby Similar for Sale

    • $308,000
      7,000 SF

      Medical Office Building with Step-Free Access

      Professional healthcare-ready building with no-step entrances, parking for 15+, and multiple restrooms and HVAC units.
      115 Main Street, Marine City, MI 48039
      View Details
    • $350,000
      6,696 SF

      Single-Story Retail Building and Land

      Clear-span commercial building with assembled frontage, open land, and B-2 zoning for flexible reuse in Marine City.
      123 N Belle River Avenue, Marine, MI 48039
      View Details
    • $244,900
      1,624 SF

      Downtown Storefront with Open Interior

      Pristine storefront on South Water Street offers an open layout and river views in a downtown Marine City setting.
      208 S Water Street, Marine City, MI 48039
      View Details
    • $595,000
      1,800 SF

      Drive-Through Restaurant Building

      2016-built, ADA-compliant drive-through restaurant with extensive parking, offered with a lease extending through spring 2027.
      159 Chartier Street, Marine City, MI 48040
      View Details
    • $595,000

      Restaurant Building with Drive-Through

      Commercial building with drive-through, redevelopment potential, and excellent parking.
      159 Chartier St, Marine City, MI 48040
      View Details
    • $899,000
      18,637 SF

      High-Visibility Retail Space Available

      Over 18,000 sq. ft. retail space on high-visibility corner.
      303 S Parker St, Marine City, MI
      View Details
    • $349,900
      6,696 SF

      Hybrid Retail and Shop Building

      For sale hybrid building with a retail/shop area and roof and HVAC units updated in 2012.
      123 N Belle River Road, Marine City, MI 48039
      View Details
    • $235,000
      8,700 SF

      Well-Maintained Church Facility For Sale

      8,700 sq. ft. church with ample parking.
      111 West Blvd, Marine City, MI, 48039
      View Details
    • $119,900

      Residential Land with Outbuildings

      Residential land with city amenities and multiple outbuildings.
      7670 River Road, Marine City, MI 48039
      View Details
    • $2,159,000

      Industrial Land with Dual Road Frontage

      Dual frontage along two major roads with city water and sewer available, supporting mixed industrial and residential development planning.
      S Parker Street, Marine City, MI 48039
      View Details
    • $290,000

      Waterfront Lot on St. Clair

      Buildable waterfront lot with utilities in Marine City, Michigan.
      7503 River Road, Marine City, MI 48039
      View Details
    • $500,000
      2,700 SF

      Former Restaurant Near Lake St. Clair

      Former McDonald's restaurant near Lake St. Clair and shopping center.
      6658 Riverside Rd., Marine City, MI 48039
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - St. Clair River waterfront parcel with nearby parks and boat ramp for recreational enjoyment.
    Where is this waterfront land located?
    The property is located at 6609 S Parker Street Marine City, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Prime St. Clair River waterfront site with a dock facility for recreational use; Shopping center and restaurants are across the street; Public water source available
    (810) 300-0262
    We can help!
    Listing Contact
    Laura Janski
    Laura Janski
    Real Estate License ID: 6501328247
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6609 S Parker Street, Marine City, MI 48039
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!