Retail Property For
For Sale
$475,000
3402 Davison Rd, Flint, MI 48506
Retail property available for purchase in Flint, Michigan.
Property Size3,467 SF
Price / SF$137.01
Days on Market318
Property Features for 3402 Davison Rd
General Information
Standard status
Active
Size
3,467 SF
Building Details
Year Built
1946
Listing Agency:
365 REALTY
Listed By:
Wisam A Putrus · License #6502342531
(248) 669-7400
Source:
Katie-k
Added: Nov 25, 2025
Changed: Sep 9
Last Checked: Oct 7 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 365 REALTY
Investment Insights
Based on property information with market context.
A retail property is available for sale at 3402 Davison Rd in Flint, Michigan. The property is classified as a retail property.
Key Highlights
- Retail property available for purchase
- Located in Flint, Michigan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,991
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,820
$719.8K
Cap Rate 7%
$514,157
$514.2K
Cap Rate 9%
$399,900
$399.9K
Market Conditions
NOI Build-Up for 3,467 SF
Gross rent
$53.7K $15.48/SF
− Vacancy
−$2.3K −$0.65/SF
EGI
$51.4K $14.83/SF
− OpEx
−$15.4K −$4.45/SF
NOI
$36.0K $10.38/SF
Area
Genesee County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,820
Cap Rate 7%
$514,157
Cap Rate 9%
$399,900
Alternative Uses
Best Use
Retail
$514.2K
$449.9K – $599.9K
NOI $35,991 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$729.5K
$638.4K – $851.1K
NOI $51,068 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 48506, MI
25,069
Population
11,114
Households
2.3
Avg Household Size
39
Median Age
9%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
1,355
Density / Sq Mi
$44,416
Median Household Income
$31,740
Median Earnings
$897
Median Rent
$91,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for purchase in Flint, Michigan.
Where is this retail property located?
The property is located at 3402 Davison Rd Flint, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Retail property available for purchase; Located in Flint, Michigan
