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    1524 10Th St Port Huron, MI 48060
    Property profile & analytics

    1524 10Th St Port Huron, MI 48060

    View on Map
    • Drug stores
    • 4,102 SF
    • 0.46 lot acres
    For Lease
    $2,000/Mo
    View Listing →
    Port Huron Retail Corner Unit For Lease
    $2,000/Mo
    1,200 SF

    Port Huron Retail Corner Unit

    Turn-key 1200 SF corner unit in prime location.

    1524 10th Street, Port Huron, MI 48060
    View Listing
    Property ID
    US43-4534647
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rx Care Pharmacy / Pharmacy
    • ATM / Atm
    • Blue Water Pharmacy | Port Huron | Free Same-Day Delivery / Pharmacy

    Property Details for 1524 10Th St

    Year built
    1989
    Lot size
    0.46 lot acres
    Property size
    4,102 SF
    Zone code
    C1
    Property type
    Drug stores
    APN
    74-06-743-0150-000
    APU
    74067430150000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.4321
    Latitude
    42.9676
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,659
    $0.00
    $0.00
    $214,900
    -
    $0.00
    $0.00
    $429,800

    Comparable in this City

    • Value Estimation
      $900,000
      11,060 SF

      1607 24th St

      DRUG STORE, PHARMACY • 11,060 SF
      1607 24th St, Port Huron, MI 48060-4820
      View Details
    • Value Estimation by Request
      981 SF

      1621 Pne Grv Ave

      RETAIL STORES (PERSONAL SERVICES) • 981 SF
      1621 Pne Grv Ave, Port Huron, MI 48060-3325
      View Details
    • Value Estimation by Request
      1,355 SF

      724 Huron Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,355 SF
      724 Huron Ave, Port Huron, MI 48060-3704
      View Details
    • Value Estimation by Request
      10,692 SF

      222 Huron Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,692 SF
      222 Huron Ave, Port Huron, MI 48060-3822
      View Details
    • Value Estimation by Request
      7,000 SF

      3326 Lapeer Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      3326 Lapeer Rd, Port Huron, MI 48060-2586
      View Details
    • Value Estimation
      $4,280,000
      63,059 SF

      2001 Holland Ave

      RETAIL STORES (PERSONAL SERVICES) • 63,059 SF
      2001 Holland Ave, Port Huron, MI 48060-1519
      View Details

    Similar Nearby for Sale

    • $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
    • $799,900
      2,184 SF

      Established Business with Development Potential

      Party store, rental property, and approved gas station development plans.
      937 Oak St, Port Huron, MI 48060
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    • $389,900
      1,900 SF

      Turn-Key Liquor Store Opportunity

      Remodeled liquor store in a high-traffic location.
      3407 Electric 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
    • $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

    Similar Nearby for Lease

    • $12 SF/Yr
      11,060 SF

      Port Huron Retail Building For Sale

      11,060 SF Free-Standing Building, High Visibility
      1607 24Th St, Port Huron, MI 48060
      View Details
    • $3,400 /Mo
      4,800 SF

      Prime Corner Commercial Building in Michigan

      4,800 sq ft commercial building suitable for diverse businesses.
      250 Huron Ave, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Prime Retail Space in Port Huron

      High-visibility retail space near Birchwood Mall and Blue Water Bridge.
      655 24Th St, Port Huron, MI 48060
      View Details
    • Contact for pricing
      35,190 SF

      Port Huron Retail Space Available

      Retail space for lease near I-94, I-69, and Canada.
      649-659 24Th St, Port Huron, MI 48060
      View Details
    • $2,000 /Mo
      1,200 SF

      Port Huron Retail Corner Unit

      Turn-key 1200 SF corner unit in prime location.
      1524 10Th St, Port Huron, MI 48060
      View Details
    • $2,000 /Mo
      2,000 SF

      Downtown Port Huron Commercial Building

      Prime commercial space in a historic downtown location.
      235 Huron Ave, Port Huron, MI 48060
      View Details
    View Listing
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    Port Huron, MI 48060
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    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.

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    1524 10Th St, Port Huron, MI, 48060
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