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    Property profile & analytics
    OFF-MARKET Estimated value $2,625,000
    Manufacturing properties

    1620 Kearney St, Port Huron, MI 48060-3420

    130,624 SF 10.4 ac lot Built 1994
    Individually Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US43-4535270
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 1620 Kearney Street in Port Huron, Michigan, presents a unique investment opportunity. The 126,520 square foot warehouse sits on a substantial 10.92-acre lot, boasting over 1,000 feet of Black River frontage. The building, constructed in 1995, is a two-story structure featuring a diverse layout. This includes 51,750 square feet of warehouse space on one level, an additional 32,600 square feet of warehouse space with corridor access to adjacent space, and a 22,000 square foot warehouse area with direct rail spur access. Further enhancing its functionality is a 5,100 square foot repair shop and a 5,000 square foot on-site office. The property's impressive features include seven loading docks, four grade-level doors, and ceiling heights ranging from 24 to 42 feet. A freight elevator provides convenient access to the second floor. Additional assets include a truck scale, the potential for bulk tank storage, and multiple cranes. The asking price for this strategically located and well-equipped warehouse is $3,500,000. The property's two rail spurs and extensive river frontage provide significant logistical advantages. Note that the cell tower lease is not included in this sale.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1994
    Total area 130,624 SF
    Lot 10.4 ac (453,024 SF)
    Zoning code M2
    APN 74-06-375-0006-000
    UPID US43-4535270
    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
    • CDW Consulting LLC Logistics Company Freight Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.62M
    Blend (final) Blend
    $2.63M
    Owner & transaction history
    River Industrial Park Ll Black · 19 yrs held
    River Industrial Park Ll Black
    since 2007
    3 recorded transactions
    2007
    2005
    1969
    Zoning & alternative use
    M2 · Port Huron, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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