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    3023 Airpark Dr Flint, MI 48507

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    For Sale
    $1,800,000

    Industrial property for sale, triple net lease to General Motors.

    Property size:
    20,345 SF
    Lot size:
    1.84 Acres

    Property Features for 3023 Airpark Dr

    General Information

    Size
    20,345 SF
    Lot size
    1.84 Acres

    Source: Bruce G. Pollock & Associates, Inc. Agent James A. Evans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property Leased to General Motors

    The property is an industrial building subject to a triple net lease with General Motors. The lease was renewed in 2019 for an additional 5 years. The tenant holds additional options for lease. The property has a size of 20345 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flint CCA Engineering ... Corporate Office GM Customer Care ... Manufacturer

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Pharmacy Hotel & Motel Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    AMS American Mini Storage, Corrigan Moving Systems

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7355526
    Latitude
    42.9636872

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    FAQs

    What type of property is this?
    Warehouse - Industrial property for sale, triple net lease to General Motors.
    Where is this warehouse located?
    The property is located at 3023 Airpark Dr Flint, MI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Triple net lease to General Motors.; - Lease renewed in 2019 for 5 years.; - Tenant holds additional options for lease.
    (810) 625-4491
    Request Owner's contact information
    3023 Airpark Dr Flint, MI 48507
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    Flint, MI 48507
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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
    3023 Airpark Dr Flint, MI 48507
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