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    8175 Prt St Port Austin, MI 48467

    Sponsored
    For Sale
    $315,000

    Fortified Industrial Building, 7,081 sq ft

    Property size:
    7,081 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This unique 7,081 square foot industrial property in Port Austin, Michigan, offers a compelling investment opportunity. Built in 1950, this single-story building sits on a 0.25-acre lot and features robust construction, including cement walls estimated at 2-3 feet thick. The property includes a loading dock and two dock-high doors, ideal for efficient material handling. The interior layout is versatile, encompassing numerous offices, conference rooms, warehouse space, bunk rooms, and ample storage. Zoned for commercial use, this vacant property presents significant potential for diverse applications. Its history as part of the Port Austin Air Force Station, a fortified site from the 1950s, adds to its unique character. The asking price is $315,000, translating to $44.49 per square foot. Located approximately one mile from downtown Port Austin, this property offers convenient access to local amenities and infrastructure. The property's substantial construction and flexible layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a piece of history with significant potential for future development.

    Property Features for 8175 Prt St

    General Information

    Property type
    Flex space
    Square Feet
    7,081 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1950
    Stories
    1

    HighLights

    • 7,081 SF industrial building on a 0.25‑acre lot in Port Austin, MI.
    • Single‑story building with 2‑3 ft thick cement walls, built in 1950.
    • Features a loading dock and two dock‑high doors.
    • Versatile interior layout including offices, conference rooms, warehouse space, and storage.
    • Zoned commercial, vacant, asking price $315,000 ($44.49/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Port Austin
    County
    Huron
    State
    Michigan
    Longitude
    -83.0006035
    Latitude
    44.0302872

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    FAQs

    What type of property is this?
    Flex space - Fortified Industrial Building, 7,081 sq ft
    Where is this flex space located?
    The property is located at 8175 Prt St Port Austin, MI.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 7,081 SF industrial building on a 0.25-acre lot in Port Austin, MI.; Single-story building with 2-3 ft thick cement walls, built in 1950.; Features a loading dock and two dock-high doors.
    Request Owner's contact information
    8175 Prt St Port Austin, MI 48467
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    Port Austin, MI 48467
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    Realmo Value Estimation

    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.

    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.

    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
    8175 Prt St Port Austin, MI 48467
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