Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5265 W Pierson Rd Flushing, MI 48433

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $400,000

    Five-unit office development for sale or lease near US-75.

    Lot size:
    1.51 Acres

    Property Features for 5265 W Pierson Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    1.51 Acres

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Edward S Constable
    Edward S Constable
    Source: Elliman

    Listing Agent: Edward S Constable

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

    Learn more

    Overview

    Office Development on Pierson Road

    This property features a five-unit, two-building office development available for sale or lease on Pierson Road. One unit, approximately 1080 square feet, is designed as a doctor's office, featuring eight rooms, a reception area, a waiting room, and three bathrooms. Another unit, approximately 800 square feet, is available for $675 per month and includes multiple offices and a private bathroom. The office building benefits from easy access to US-75 and nearby businesses. The sale includes properties at 5245 and 5265 Pierson Road. The building development includes monument street signage.
    Location Intelligence

    Current Use by Public Records

    Tasty Treats Ice ... Take-out & Catering Barry M. Matheson, ... Alternative Medicine Practice Matheson Chiropractic Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Genesee
    State
    Michigan
    Longitude
    -83.783297
    Latitude
    43.060373

    Nearby Similar for Sale

    • $4,700,000
      22,592 SF

      Flushing Multi-Use Commercial Building

      22,592 SF building on 4.36 acres in Flushing, MI.
      1537 E Pierson Rd, Flushing, MI 48433
      View Details
    • $500,000
      3,658 SF

      Flushing Assisted Living Facility

      12-bed licensed assisted living facility on 1.75 acres.
      1111 0000 Rd, Flushing, MI 48433
      View Details
    • $700,000
      5,188 SF

      Flushing Bar and Restaurant Opportunity

      Established bar and restaurant with real estate and liquor license.
      111 E Main St, Flushing, MI 48433
      View Details
    • $589,000

      Flushing Township Commercial Opportunity

      Commercial building, business, and equipment for sale in Flushing Township.
      9112 W Mount Morris Rd, Flushing, MI 48433
      View Details
    • $400,000

      Two-Building Office Development For Sale

      Five-unit office development for sale or lease on Pierson Rd.
      5265 W Pierson Rd, Flushing, MI 48433
      View Details
    • $189,999
      200 SF

      Flushing Office Building For Sale

      Office building with multiple offices, conference room, and kitchen.
      5121 Flushing Rd, Flushing, MI 48433
      View Details
    • $150,000
      4,800 SF

      Versatile Building in Flushing, Michigan

      Adaptable 4,800 sq ft building suitable for various purposes.
      5360 Bangor Ave, Flushing, MI 48433
      View Details
    • $150,000

      Versatile Building with Redevelopment Potential

      Adaptable building suitable for various uses or redevelopment.
      5360 Bangor Ave, Flushing, MI 48433
      View Details
    • $400,000
      3,200 SF

      Flushing, MI Medical Office Complex

      Multi-unit medical office, value-add opportunity.
      5265 Pierson Rd, Flushing, MI 48433
      View Details
    • $799,000
      1,342 SF

      Flushing Industrial Land & Home

      10.9 Acres, Prime Location, High Visibility
      3452-3466-3480 Elms, Flushing, MI 48433
      View Details
    • $229,900
      4,046 SF

      Flushing Industrial Property - Great Visibility

      Prime Flushing location, two rentable units.
      1323 Main St, Flushing, MI 48433
      View Details
    • $315,000
      1,448 SF

      1444 Pierson Rd, Flushing, MI 48433

      Industrial properties • 1,448 SF
      1444 Pierson Rd, Flushing, MI 48433
      View Details

    FAQs

    What type of property is this?
    Office building - Five-unit office development for sale or lease near US-75.
    Where is this office building located?
    The property is located at 5265 W Pierson Rd Flushing, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Five-unit office development in two buildings.; - Top unit (approx. 1080 SF) **perfectly suited for a doctor's office** featuring eight rooms, reception, waiting area, and three bathrooms.; - Includes 5245 and 5265 Pierson.
    (810) 938-3339
    Request Owner's contact information
    5265 W Pierson Rd Flushing, MI 48433
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5265 W Pierson Rd
    Flushing, MI 48433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5265 W Pierson Rd Flushing, MI 48433
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Edward S Constable
    Edward S Constable
    (810) 938-3339 (810) 750-4663 (810) 750-4665
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!