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    3452-3466-3480 Elms Flushing, MI 48433

    Sponsored
    For Sale
    $799,000

    10.9 Acres, Prime Location, High Visibility

    Property size:
    1,342 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 10.9-acre commercial property in Flushing, MI, presents a unique investment opportunity. The site boasts 494 feet of frontage on Elms Road, offering unparalleled visibility and accessibility. The property comprises three parcels sold together: a 0.9-acre vacant lot (3452 Elms), a 0.9-acre lot with a currently rented single-family home generating $875 per month plus utilities (3466 Elms), and a substantial 9.1-acre vacant commercial lot (3480 Elms). The combined total square footage is 1,342. This prime development location sits directly across from a Kroger grocery store and is conveniently situated behind Speedway gas station, Wendy's, and Chase Bank, ensuring high traffic and excellent exposure. The property is zoned C-2, with smaller parcels zoned residential, providing flexibility for various development scenarios. A land contract option is available with a $200,000 down payment, a 5-year term, a 7.75% interest rate, and monthly payments of $6,000. Credit approval by the seller is required. A survey is available for review at the listing office/document box. This is an ideal opportunity for developers or investors seeking a high-traffic, well-located property with significant potential.

    Property Features for 3452-3466-3480 Elms

    General Information

    Property type
    Industrial properties
    Square Feet
    1,342 SF
    Lot Size
    474,804 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Flushing
    County
    Genesee
    State
    Michigan
    Longitude
    -83.8336
    Latitude
    43.0683

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    FAQs

    What type of property is this?
    Industrial property - 10.9 Acres, Prime Location, High Visibility
    Where is this industrial property located?
    The property is located at 3452-3466-3480 Elms Flushing, MI.
    What is the asking price?
    The asking price for this property is $799,000.
    (810) 659-6569
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    3452-3466-3480 Elms Flushing, MI 48433
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    Realmo Value Estimation

    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.

    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.

    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
    3452-3466-3480 Elms Flushing, MI 48433
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