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Property profile & analytics
FOR SALE
Auto shops

3905 32Nd St Port Huron, MI 48060

6,750 SF 3.33 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
Property ID
US43-4514876
Property summary
AI-generated overview

This exceptional 5-acre industrial property in Port Huron, Michigan, presents a unique investment opportunity. Boasting a total of 12,000 square feet of net rentable space across three buildings, this Class B property offers diverse usage potential. Constructed in 1950 and extensively renovated in 2022, the buildings feature 12-foot ceiling heights and one loading dock with 12 dock-high doors. The property includes a 7,000 square foot main building and two additional storage buildings situated on the southern portion of the lot. An employee lounge with a full kitchen and bathroom adds to the functionality. The property benefits from its strategic location off I-94, proximity to rail lines and Lake St. Clair, and upgraded sewer and water lines. Zoned for both retail (street-facing) and heavy industrial (rear), this versatile property is ideal for multiple businesses. The property's APN is 74280203003000. The asking price is $644,750. This is a rare opportunity to acquire a well-maintained, multi-use industrial property in a prime location. The property is privately owned.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Total area 6,750 SF
Lot 3.33 ac (145,055 SF)
Zoning code I-H
APN 74-28-020-3003-000
UPID US43-4514876
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
  • Atwater Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
R & A Rental LLC · 5 yrs held
R & A Rental LLC
since 2020
Last sale
$250,000
3 recorded transactions
2020
Price N/A
2019
$250,000
2007
Price N/A
Zoning & alternative use
I-H · Port Huron, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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