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    Property profile & analytics
    OFF-MARKET Estimated value $900,000
    Drug stores

    1607 24th St, Port Huron, MI 48060-4820

    11,060 SF 1.41 ac lot Built 1997
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-4559320
    Property summary
    AI-generated overview

    This exceptional 11,060 square foot free-standing retail building, located at 1607 24th St, Port Huron, Michigan 48060, presents a unique investment opportunity. Constructed in 1997, the property boasts a modern design and is situated in a high-visibility B-3 zoned area, ensuring maximum exposure to potential customers. The single-tenant building offers ample space and a convenient drive-thru, making it ideal for a variety of businesses. Its previous use as a pharmacy suggests suitability for retail, medical, or service-oriented enterprises. The building's strategic location in St. Clair County, Michigan, provides easy access to major transportation routes and a thriving community. This property offers significant potential for growth and return on investment. The spacious layout allows for flexible configuration to suit diverse business needs. The building's excellent condition and prime location make it an attractive proposition for both owner-occupiers and investors seeking a strong, stable asset. This is a rare opportunity to acquire a well-maintained, free-standing building in a desirable location with high visibility and ample parking. Don't miss out on this chance to secure a valuable commercial property in a growing market.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 1997
    Total area 11,060 SF
    Lot 1.41 ac (61,420 SF)
    Zoning code B-3
    APN 74-28-253-0005-000
    UPID US43-4559320
    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
    Current use
    Occupant on record · Public records
    • Rite Aid Pharmacy Pharmacy
    • higi Physician
    • Rite Aid Pharmacy
    • Western Union Bank Credit Union
    • Coinhub Bitcoin ATM Teller Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $898k
    Blend (final) Blend
    $900k
    Owner & transaction history
    Abc Rocky Mount 1 LLC · 5 yrs held
    Abc Rocky Mount 1 LLC
    since 2021
    3 recorded transactions
    2021
    2020
    2018
    Zoning & alternative use
    B-3 · Port Huron, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.4M +80.1%
    Commercial (general) $1.0M +33.6%
    Office building $900,000 +19.5%
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