Add Listing
    For Lease
    • 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

    6120 N Dort Hwy Flint, MI 48505

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,500 /Mo ($5 SF/Yr)

    Car lot for lease near ADESA Auto Auction.

    Property size:
    3,072 SF
    Lot size:
    0.79 Acres

    Property Features for 6120 N Dort Hwy

    General Information

    Standard status
    Active
    Size
    3,072 SF
    Lot size
    0.79 Acres

    We can help!

    Listing Contact
    Nick Jaafar
    Nick Jaafar
    Source: Exitrealty

    Listing Agency: Keller Williams Legacy Listing Agent: Nick Jaafar

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

    Learn more

    Overview

    Car Lot For Lease

    This property, recently zoned as a car lot, presents a leasing opportunity in a prime location near ADESA Auto Auction, with convenient freeway access. The available space includes the front portion of the property, which features a sales office on-site. The front property currently generates $2,500 gross per month. The back portion of the property is occupied by a detail company. The property size is 3,072 square feet.
    Location Intelligence

    Current Use by Public Records

    RPM Auto Sales Car Dealership

    Suggested Use

    Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Food Market Storage Facility HVAC Service

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

    Similar Places Nearby

    Ryder Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.673387
    Latitude
    43.0683455

    Nearby Similar for Lease

    • $2,000 /Mo
      2,000 SF

      Well-Maintained Office Building for Lease

      Three-story office building with flexible suites in a high-visibility location.
      4488 W Bristol Rd, Flint, MI 48507
      View Details
    • $5,900 /Mo
      6,000 SF

      Three-Story Office Building in Flint

      Well-maintained office building with flexible suites for lease.
      4488 W Bristol Rd, Flint, MI 48507
      View Details
    • $3,500 /Mo
      11,666 SF

      Premium Office and Medical Suites

      Office and medical suites available for lease on Linden Road.
      1289 S Linden Rd S, Flint, MI 48532
      View Details
    • $2,000 /Mo
      2,662 SF

      Updated Commercial Building in Flint

      Fully updated commercial building in downtown Flint with highway access.
      1024 S Grand Traverse St, Flint, MI 48502
      View Details
    • $6 SF/Yr
      9,077 SF

      Unique Office Space in Church

      Versatile office space in a church setting, up to 3,000 sqft.
      2474 S Ballenger Hwy, Flint, MI 48507
      View Details
    • $2,500 /Mo
      12,380 SF

      Versatile Commercial Space on Hill

      6380 sq ft commercial space suitable for various businesses.
      6317 Taylor Dr, Flint, MI 48507
      View Details
    • $1,000 /Mo
      1,494 SF

      Renovated Medical Office Condo

      Completely renovated medical office condo in a busy location.
      G4007 Court St W, Flint, MI 48532
      View Details
    • $6,900 /Mo
      12,380 SF

      Versatile Commercial Space on Hill Rd

      6380 sq ft space ideal for retail, medical, or office.
      6317 Taylor Dr, Flint, MI 48507
      View Details
    • $1,200 /Mo
      11,666 SF

      Premium Office/Medical Suites on Linden

      Prime office and medical suites available on high-traffic Linden Road.
      1289 S Linden Rd S, Flint, MI 48532
      View Details
    • $1,900 /Mo
      5,109 SF

      Medical Suite Near McLaren Hospital

      Move-in ready medical suite in a sought-after medical corridor.
      3380 Beecher Rd, Flint, MI 48532
      View Details
    • $975 /Mo
      625 SF

      Commercial Suite For Rent

      625 SF commercial suite ideal for office or small business.
      5065 Miller Rd, Flint, MI 48507
      View Details
    • $1,450 /Mo
      6,800 SF

      Commercial Building in Flint, Michigan

      Commercial building suitable for various businesses, including daycare and restaurants.
      5030 E Coldwater Rd, Flint, MI 48506
      View Details

    FAQs

    What type of property is this?
    Parking lot & garage - Car lot for lease near ADESA Auto Auction.
    Where is this parking lot & garage located?
    The property is located at 6120 N Dort Hwy Flint, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near ADESA Auto Auction with easy freeway access.; - Recently zoned as a car lot.; - Sales office on-site.
    (313) 706-7011
    Request Owner's contact information
    6120 N Dort Hwy Flint, MI 48505
    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.
    6120 N Dort Hwy
    Flint, MI 48505
    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
    6120 N Dort Hwy Flint, MI 48505
    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
    Nick Jaafar
    Nick Jaafar
    Real Estate License ID: 6501403947
    (313) 706-7011 (313) 752-0000
    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!