Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2380 Military St Port Huron, MI 48060

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    45,000 SF Warehouse/Flex Space, $7M

    Property size:
    45,000 SF

    Property Features for 2380 Military St

    General Information

    Property type
    Distribution properties
    Square Feet
    45,000 SF

    We can help!

    Listing Contact
    Korissa Kramer
    Korissa Kramer

    Listing Agency: Kramer Commercial Realty Listing Agent: Korissa Kramer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Port Huron, Michigan industrial property presents a unique investment opportunity. Located at 2380 Military St, this 4.5-acre site boasts 45,000 square feet of space, encompassing approximately 25,000 square feet of warehouse/office space and 20,000 square feet of dock event space. The property features 1,000 feet of deep-water port dockage, capable of accommodating various watercraft, including cruise boats, Great Lakes ships, and foreign freighters. The dock is equipped with power pedestals offering 110, 220, and 440-volt capabilities. Stainless steel railings run the length of the pier, designed for easy removal to facilitate ship access. Ample parking is available with 100 spaces. The property is zoned M-1 and offers significant potential for diverse uses. The asking price is $7,000,000, with a price per square foot of $100. The property's dimensions are 535 feet wide and 175 feet deep. The APN is 74065590001000. This owner/user investment is situated in St. Clair County, Michigan, with a zip code of 48060.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.4267741
    Latitude
    42.9590209

    Nearby Similar for Sale

    • $375,000
      5,400 SF

      Medical Office Near Lake Huron

      Well-maintained medical office in prime location next to Lake Huron.
      2609 Electric Ave, Port Huron, MI 48060
      View Details
    • $599,900
      5,400 SF

      Turn Key Bar & Grill

      Established bar and grill with entertainment space on 1.5 acres.
      521 24Th St, Port Huron, MI 48060
      View Details
    • $295,000
      3,088 SF

      Port Huron Commercial Building For Sale

      Move-in ready commercial building with office spaces, cranes, and ample storage.
      425 32Nd St, Port Huron, MI 48060
      View Details
    • $279,900
      2,320 SF

      Versatile Mixed-Use Property, Port Huron

      B1-zoned commercial property with office, shop, and renovated apartment.
      1026 State St, Port Huron, MI 48060
      View Details
    • $299,994
      2,704 SF

      Versatile Commercial Building in Port Huron

      High-visibility commercial building with flexible space and parking.
      3103 Lapeer Ave, Port Huron, MI 48060
      View Details
    • $550,000
      12,110 SF

      Versatile Commercial Property in Port Huron

      Retail, service, and storage spaces with income potential.
      3350-3356 Lapeer Ave, Port Huron, MI 48060
      View Details
    • $625,000
      6,750 SF

      Versatile Industrial Property Near Freeway

      Multi-use property near I-94, suitable for retail and industrial businesses.
      3905 32Nd St, Port Huron, MI 48060
      View Details
    • $529,900
      1.50 Acres

      Port Huron Vacant Commercial Land

      1.5 acre commercial land with high traffic and highway access.
      521 24Th St, Port Huron, MI 48060
      View Details
    • $219,000
      900 SF

      Port Huron Drive-Thru Store

      Established drive-thru party store in a prime Port Huron location.
      1635 Pine Grove Ave, Port Huron, MI 48060
      View Details
    • New
      $130,000
      1,914 SF

      Port Huron Investment Opportunity

      Two-unit property near downtown Port Huron with immediate income potential.
      1012 8Th St, Port Huron, MI 48060
      View Details
    • $1,220,000
      17,000 SF

      Versatile Industrial Property Near Freeway

      17,000 SF property with retail and industrial zoning.
      3905-3921 32Nd St, Port Huron, MI 48060
      View Details
    • $80,000
      2,032 SF

      Port Huron Mixed-Use Opportunity

      Commercial space with residential area in excellent corner location.
      1203 Varney St, Port Huron, MI 48060
      View Details

    FAQs

    What type of property is this?
    Distribution property - 45,000 SF Warehouse/Flex Space, $7M
    Where is this distribution property located?
    The property is located at 2380 Military St Port Huron, MI.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: Waterfront industrial property for lease, offering diverse uses; M-1 zoning.; 25,000 SF warehouse/office space.; 20,000 SF dock event space.
    (810) 531-4090 Call to check price and availability
    Request Owner's contact information
    2380 Military St Port Huron, MI 48060
    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.
    2380 Military St
    Port Huron, MI 48060
    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
    2380 Military St Port Huron, MI 48060
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Korissa Kramer
    Korissa Kramer
    Real Estate License ID: 6502386241
    (810) 531-4090 (810) 987-4622
    Learn more
    Google sign-in failed. Please try again or use another login method.