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Property profile & analytics
OFF-MARKET
Industrial properties

8175 Prt St Port Austin, MI 48467

7,081 SF 0.25 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Industrial properties
Year built 1950
Total area 7,081 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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