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Property profile & analytics
FOR SALE
Retail space

1234 32Nd St Port Huron, MI 48060

73,882 SF 6.5 ac lot Built 2001
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US43-4514918
1234 32Nd St, Port Huron, MI 48060 For Sale
$4,625,000 73,882 SF
1234 32Nd St, Port Huron, MI 48060
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Property summary
AI-generated overview

This exceptional 74,565-square-foot freestanding retail building presents a significant opportunity in Port Huron, Michigan. Located on a substantial 6.59-acre lot at 1234 32nd Street, this single-tenant property boasts high visibility and accessibility along the I-69 Business Route, at the corner of 32nd Street. Currently vacant, the building offers immense potential for a variety of uses, including retail, storage, or other commercial ventures. Its strategic location within the southern retail area of Port Huron places it in close proximity to established national retailers such as Sam's Club, Kroger, and Ollie's Bargain Outlet, ensuring high traffic and brand recognition. The property is zoned Commercial and situated in St. Clair County, Michigan, with a zip code of 48060. The building's substantial size and prime location make it an ideal investment for businesses seeking a prominent presence in a thriving market. This is a rare opportunity to acquire a large, well-located, and versatile commercial property in a desirable area. The property's size and location offer significant potential for future growth and development. The ample lot size also allows for potential expansion or additional development. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2001
Total area 73,882 SF
Lot 6.5 ac (283,140 SF)
Zoning code B-3
APN 74-28-008-3001-000
UPID US43-4514918
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.63M
Blend (final) Blend
$4.63M
Owner & transaction history
Store Spe Avf I 2017-1 LLC · 9 yrs held
Store Spe Avf I 2017-1 LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
B-3 · Port Huron, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.7M +33.6%
Office building $6.0M +19.5%
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More about this property
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