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Property profile & analytics
FOR SALE
Grocery and convenience stores
1635 Pine Grove Ave Port Huron, MI 48060
Entity Owned
9-yr Hold
Free & Clear
Property ID
US43-4568501
For Sale
1 / 9
$219,000
1635 Pine Grove Ave, Port Huron, MI 48060
View Listing →
Property summary
AI-generated overview
This established convenience store, located at 1635 Pine Grove Ave in Port Huron, Michigan, presents a compelling owner-user investment opportunity. The 900-square-foot single-story building, constructed in 1971, sits on a 0.3-acre lot (7,405 square feet) and boasts a convenient drive-thru. The property is zoned C1 and includes 10 parking spaces. Currently operating at 100% occupancy, this single-unit retail space offers a proven track record of success. Its prime location at the intersection of Pine Grove, Whipple, and Poplar Streets ensures high visibility and accessibility. The asking price is $269,000. The property's APN is 74063650487000. This is a rare opportunity to acquire a thriving business in a desirable location. The property's long-standing success and convenient drive-thru make it an attractive investment for an owner-operator seeking a profitable venture.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1971
Total area
1,260 SF
Lot
0.12 ac (5,097 SF)
Zoning code
C1
APN
74-06-365-0487-000
UPID
US43-4568501
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
-
Brians Drive Thru Eggery Grocery & Convenience Store
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
1635 Pine Grove LLC · 9 yrs held
1635 Pine Grove LLC
since 2017
1 recorded transaction
Zoning & alternative use
C1 · Port Huron, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Huron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Huron submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,423
Tax year 2023
Assessed value
$56,800
Assessed 2024
Previous assessed
$54,900
+3.5% YoY
Effective rate
6.03%
On assessed value
Total market value
$113,600
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1971
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,260 SF
Lot
0.12 ac (5,097 SF)
Zoning code
C1
APN
74-06-365-0487-000
UPID
US43-4568501
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C1 · Port Huron, MI
Zoning C1 · permitted uses
C1 · Port Huron, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Huron. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
1635 Pine Grove LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1635 PNE GRV AVE, PORT HURON, MI 48060-3325
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2017
$51,200
1635 Pine Grove LLC
Meharg,theresa
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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