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Property profile

1612 Lapeer Ave Port Huron, MI 48060

Auto shops
Property ID
US43-4557869
View Sample
Built 1955
Entity Owned 3-yr Hold

Property summary

AI-generated overview

Welcome to a unique opportunity where innovation meets potential! This versatile Commercial Building, previously used for an Automotive sales and service hub, is now ready for it's Next Chapter. With numerous upgrades to both the Exterior and Interior (roofing, siding, gutters -2021 - Expansion of parking lot in the back of the Building to accommodate 16 cars, Vinyl Flooring and soffit ceiling installed throughout the main office and bathroom, re-designed interior to a 2 larger room layout, added a Garage Door to the back of the building, and fully insulated walls in the main office), this property is a canvas waiting for your vision! Conveniently located just minutes away from I-94, and Downtown - Port Huron!! Whether you're an entrepreneur ready to launch a New Business or an Established Company looking for an ideal location, this property is for you! Bring your Offers and let's explore how this space can work for you!! bikeScore: 37, Somewhat Bikeable walkScore: 60, Somewhat Walkable

Property profile

Verified
Property type Auto shops
Year built 1955
UPID US43-4557869

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • Production Facility Security Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2023
1 recorded transaction
2023
$110,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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