Road-Front Flex
N 14132 N SAGINAW Road Unit SourceFi Clio, MI 48420
N 14132 N SAGINAW Road Unit SourceFi, Clio, MI, 48420
$330,000
For Sale
$330,000
For sale flex/industrial property on Dixie Hwy north of Clio, MI, with approximately 2,272 sq. ft. of space.
Property Size2,272 SF
Price / SF$145.25
Days on Market589
Property Features for N 14132 N SAGINAW Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 2,272 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
Brookstone, Realtors LLC
(810) 730-9339
Listed by
Aaron Adkins · License #6501381452
(810) 730-9339
Source
Xome
Added: Dec 9, 2024 Updated: Jul 19 at 1:42 am Checked: Jul 20 at 1:42 am
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 Brookstone, Realtors LLC
Investment Insights
Based on property information with market context.
This for-sale flex/industrial property offers approximately 2,272 square feet of space and is identified as Unit SourceFi. The asset is positioned for convenient customer and vehicle access directly from Dixie Hwy.
Located just north of Clio at N 14132 N Saginaw Road, the property benefits from its direct visibility and road frontage on Dixie Hwy. Address information is provided for site-specific verification and viewing coordination.
Located just north of Clio at N 14132 N Saginaw Road, the property benefits from its direct visibility and road frontage on Dixie Hwy. Address information is provided for site-specific verification and viewing coordination.
Key Highlights
- Flex/industrial property on Dixie Hwy just north of Clio, MI
- Approximately 2,272 sq. ft. of space
- Asphalt roof
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.4k | $9.00 |
| − Vacancy | −$2.1k | −$0.91 |
| EGI | $18.4k | $8.09 |
| − OpEx | −$5.5k | −$2.43 |
| NOI | $12.9k | $5.66 |
2,272 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$183.8K
$160.9K – $214.5K
NOI $12,868 @ 7.0% cap · market cap 3.90%
Second Best
Flex RnD
$182.1K
$159.3K – $212.4K
NOI $12,745 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - For sale flex/industrial property on Dixie Hwy north of Clio, MI, with approximately 2,272 sq. ft. of space.
Where is this flex space located?
The property is located at N 14132 N SAGINAW Road Unit SourceFi Clio, MI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Flex/industrial property on Dixie Hwy just north of Clio, MI; Approximately 2,272 sq. ft. of space; Asphalt roof