Property profile

400 Michigan St Port Huron, MI 48060

OFF-MARKET
Land
0.29 ac lot
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Property summary

AI-generated overview

This exceptional 0.29-acre commercial land parcel, located at 400 Michigan Street in Port Huron, Michigan, presents a unique investment opportunity. Situated in the heart of the Central Business District (CBD), this property boasts a highly desirable location with excellent visibility and accessibility. The lot measures 64 feet by 200 feet and currently features a paved asphalt parking lot capable of accommodating approximately 42 vehicles. Its strategic placement offers proximity to the St. Clair River, numerous office buildings, a library, and an administration building, placing it within easy reach of the vibrant downtown entertainment area. All city utilities are conveniently available on-site. The land is zoned for CBD use, providing flexibility for a variety of commercial developments. The asking price is $250,900, translating to a land value of $23.75 per square foot. This property is ideal for developers seeking a prime location for new construction or entrepreneurs looking to capitalize on the high-traffic area. Don't miss this chance to acquire a valuable asset in a thriving downtown setting. The zip code is 48060, and the property is in St. Clair County.

Property profile

Verified
Property type Land
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

400 Michigan St Port Huron, MI 48060
Port Huron metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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