Auto Salvage Yard
For Sale
$450,000
5901 N Dort, Flint, MI 48505
Auto salvage yard with pole barn in busy area.
Property Size6,032 SF
Price / SF$74.60
Days on Market569
Property Features for 5901 N Dort
General Information
Standard status
Active
Size
6,032 SF
Property subtype
Commercial
Building Details
Year Built
1949
Listing Agency:
RE/MAX Platinum - Grand Blanc
Listed By:
Scott Myers · License #6506029181
(810) 344-3363
Source:
Vmrealestatemichigan
Added: Apr 3, 2025
Changed: Oct 21
Last Checked: Oct 23 at 7:00AM
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 RE/MAX Platinum - Grand Blanc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents an opportunity to own an auto salvage yard situated in a high-traffic area. The property includes a 56' x 50' pole barn and some equipment, facilitating immediate business operations. The offering comprises multiple parcels. Intended use is for auto salvage operations. Opportunities like this are rare.
Key Highlights
- Established auto salvage yard in a busy area
- Includes a 56' x 50' pole barn
- Comes with some equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,163
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,260
$683.3K
Cap Rate 7%
$488,043
$488.0K
Cap Rate 9%
$379,589
$379.6K
Market Conditions
NOI Build-Up for 6,032 SF
Gross rent
$54.3K $9.00/SF
− Vacancy
−$5.5K −$0.91/SF
EGI
$48.8K $8.09/SF
− OpEx
−$14.6K −$2.43/SF
NOI
$34.2K $5.66/SF
Area
Genesee County, MI
Vacancy
10.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,260
Cap Rate 7%
$488,043
Cap Rate 9%
$379,589
Alternative Uses
Best Use
Retail
$894.5K
$782.7K – $1.04M
NOI $62,618 @ 7.0% cap · market cap 13.92%
Second Best
Industrial
$488.0K
$427.0K – $569.4K
NOI $34,163 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,850 @ 7.0% cap · market cap 19.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48505, MI
17,685
Population
10,546
Households
1.7
Avg Household Size
38
Median Age
9%
College-Educated
85%
High-School Grad
12.5 sq mi
ZIP Area
1,415
Density / Sq Mi
$31,477
Median Household Income
$24,429
Median Earnings
$749
Median Rent
$28,300
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
Similar Off Market Nearby
- Jet Auto Repair — 5201 Dort Hwy, Flint, MI 48505
- RPM Wholesale Car Parts — 6025 Dort Hwy, Flint, MI 48505
- Flint Auto Salvage — 5901 Dort Hwy, Flint, MI 48505
- RPM WORLD CLASS TIRES — 6025 Dort Hwy, Flint, MI 48505
- Yetti Mobile Auto Repair — 1806 E Webster Rd, Flint, MI 48505
Frequently Asked Questions
What type of property is this?
Auto shop - Auto salvage yard with pole barn in busy area.
Where is this auto shop located?
The property is located at 5901 N Dort Flint, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established auto salvage yard in a busy area; Includes a **56' x 50' pole barn**; Comes with some equipment
