Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3519 Military St Port Huron, MI 48060

    • Warehouses
    • 18,588 SF
    • 0.57 lot acres
    For Sale
    View listing
    $1,790,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1567107
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Suarez Auto Sales / Tire Shop / Window Tinting Service

    Property Details for 3519 Military St

    Year built
    1967
    Lot size
    0.57 lot acres
    Property size
    18,588 SF
    Property type
    Warehouses
    APN
    74-06-152-0012-000
    APU
    74061520012000

    Description

    This exceptional 19,000-square-foot retail property, located at 3519 Military St in Port Huron, Michigan, presents a unique investment opportunity. Situated on a 2.89-acre lot, this single-tenancy building boasts 100% occupancy and offers stunning water views. Built in 1967 and zoned for commercial use, the property features 24-foot ceilings and 14-foot overhead doors, easily accommodating semi-trucks. Recent extensive renovations include a new concrete interior, a modern tiled-floor office, fresh paint, new trim, doors, and a renovated bathroom. Significant upgrades also encompass a new roof, furnace, water heater, and plumbing system – all completed by licensed contractors with permits and inspections. Ample parking is available with 100 spaces. The property's size and location make it ideal for a variety of uses, including redevelopment into condominiums, storefronts, or even a grocery store. This is a truly one-of-a-kind property in Port Huron, priced at $1,790,000 ($94.21/sq ft). The current lease has expired. Please note that audio and/or video surveillance may be in use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $621,000
      Market price range: $362k - $819k
      AI Estimate
      $621,000
      Market price range: $362k - $819k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $620,000
      Current use
      INDUSTRIAL (GENERAL)
      $910,000
      Change: +47% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.449
    Latitude
    42.9424
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      45,000 SF

      2380 Military St

      Distribution properties • 45,000 SF
      2380 Military St, Port Huron, MI 48060
      View Details
    • Value Estimation by Request
      3,600 SF

      2000 Buena Vis

      WAREHOUSE, STORAGE • 3,600 SF
      2000 Buena Vis, Port Huron, MI 48060
      View Details
    • Value Estimation
      $855,000
      19,500 SF

      3741 Dove Rd

      WAREHOUSE, STORAGE • 19,500 SF
      3741 Dove Rd, Port Huron, MI 48060-7444
      View Details
    • Value Estimation by Request
      1,280 SF

      2019 10th St

      WAREHOUSE, STORAGE • 1,280 SF
      2019 10th St, Port Huron, MI 48060-6216
      View Details
    • Value Estimation by Request
      2,400 SF

      2602 25th St

      WAREHOUSE, STORAGE • 2,400 SF
      2602 25th St, Port Huron, MI 48060-4872
      View Details
    • Value Estimation by Request
      2,880 SF

      139 Runnels St

      WAREHOUSE, STORAGE • 2,880 SF
      139 Runnels St, Port Huron, MI 48060-1008
      View Details

    Similar Nearby for Sale

    • $644,750
      7,000 SF

      Port Huron Industrial Complex

      Multi-use industrial property, high ROI potential.
      3905 32Nd St, Port Huron, MI 48060
      View Details
    • $550,000
      12,110 SF

      Versatile Commercial Property in Port Huron

      Retail, service, and storage spaces with income potential.
      3350-3356 Lapeer Ave, Port Huron, MI 48060
      View Details
    • $1,600,000
      24,600 SF

      Port Huron Industrial Warehouse

      24,600 SF Warehouse, $1.6M
      3443 Military St, Port Huron, MI 48060
      View Details
    • $7,000,000
      45,000 SF

      Port Huron Industrial Waterfront

      45,000 SF Warehouse/Flex Space, $7M
      2380 Military St, Port Huron, MI 48060
      View Details
    • $10,000,000
      193,590 SF

      Port Huron Industrial Warehouse

      193,590 SF Warehouse, $10M
      1179 32Nd St, Port Huron, MI 48060
      View Details
    • $14,900,000
      144,785 SF

      Industrial Manufacturing Facility with Cranes

      144,785 SF industrial facility with cranes and ample power.
      2555 20Th St, Port Huron, MI 48060
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      502,540 SF

      South River Industrial Complex

      Four Warehouses, 10K-160K SF
      2500 Moak St, Port Huron, MI 48060
      View Details
    • $6,000 /Mo

      Industrial Space with Truck Parking

      Industrial property for rent with truck parking and docks.
      3541 32Nd St, Port Huron, MI 48060
      View Details
    • $750 /Mo
      1,500 SF

      Industrial Space Near St. Clair River

      Industrial space for lease in Port Huron near St. Clair River.
      3565 24Th St, Port Huron, MI 48060
      View Details
    • Contact for pricing
      114,981 SF

      Port Huron Retail/Industrial Space

      Prime Port Huron location, 35,190 SF available.
      653 24Th St, Port Huron, MI 48060
      View Details
    • $7,000 /Mo
      5,400 SF

      Medical Office Near Lake Huron

      Well-maintained medical office space adjacent to Lake Huron Hospital.
      2609 Electric Ave, Port Huron, MI 48060
      View Details
    • $1,500 /Mo
      3,400 SF

      Updated Commercial Units in Port Huron

      Updated commercial units for lease in prime Port Huron location.
      230 Huron Ave, Port Huron, MI 48060
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3519 Military St
    Port Huron, MI 48060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.