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Property profile & analytics
OFF-MARKET
Office buildings

2291 Water St 17 Port Huron, MI 48060-2484

6,587 SF 1.1 ac lot Built 1982
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-4514536
Property summary
AI-generated overview

This exceptional 29.75-acre parcel presents a unique opportunity for marina development in the desirable Port Huron, Michigan area. Located at 2291 Water St, Port Huron, MI 48060, this R-3 zoned land boasts an enviable position near major transportation arteries, including I-94, I-69, and the Bluewater Bridge, ensuring excellent accessibility. The property's expansive size allows for significant development potential, catering to a wide range of marina designs and amenities. With its strategic location and ample acreage, this land offers a compelling investment prospect for those seeking to capitalize on the growing demand for recreational waterfront properties. The property's APN is 74287640072100. This is a rare opportunity to acquire a substantial waterfront tract in a thriving community, poised for significant growth and development. The property is classified as Hunting/Recreational land, offering flexibility for various uses within the permitted zoning. Serious inquiries are encouraged to explore the full potential of this remarkable development site. The asking price for this exceptional property is $499,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 6,587 SF
Lot 1.1 ac (47,916 SF)
Zoning code B-3
APN 74-28-168-0003-000
UPID US43-4514536
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
  • In The Light Nails Nail Salon
  • DLZ Engineering Consultant
  • Stride Body Work Alternative Medicine Practice Spa & Massage Center
  • Thomas Robert P DC Alternative Medicine Practice
  • KRivers Signature salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Robert P Thomas · 4 yrs held
Robert P Thomas
since 2021
Last sale
$439,000
3 recorded transactions
2021
$439,000
2014
Price N/A
2009
Price N/A
Zoning & alternative use
B-3 · Port Huron, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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