Automotive Service
For Sale
$429,900
G-4112 S DORT Highway, Burton, MI 48507
Versatile 6,766 sq. ft. auto service facility offered with an operating business established in 1974.
Property Size6,766 SF
Price / SF$63.54
Days on Market720
Property Features for G-4112 S DORT Highway
General Information
Standard status
Active
Size
6,766 SF
Property subtype
Industrial
Additional Details
Business Included
Yes
Amenities
3
2676811624028
Building Details
Year Built
19
Listing Agency:
(810) 695-4111
Listed By:
Grand Blanc
(810) 397-3192
Source:
Xome
Added: Sep 14, 2024
Changed: Sep 2
Last Checked: Sep 2 at 3:21PM
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 Grand Blanc
Investment Insights
Based on property information with market context.
This sale includes a 6,766 sq. ft. automotive service building along with the successful Diamond Jim’s Auto Service, established in 1974. The business specializes in 4x4 services including alignments, A/C repair, tire services, brakes, electrical work, engine and transmission repairs, and quick lube, among other automotive maintenance and repair offerings.
The property is described as being in a high-visibility area with a strong traffic count. The public remarks request that potential buyers do not approach employees and direct questions to Scott Myers.
The asset is positioned as a turnkey opportunity for an automotive-focused operator, with the building and business included in the sale.
The property is described as being in a high-visibility area with a strong traffic count. The public remarks request that potential buyers do not approach employees and direct questions to Scott Myers.
The asset is positioned as a turnkey opportunity for an automotive-focused operator, with the building and business included in the sale.
Key Highlights
- 6,766 sq. ft. auto service building included with the sale of the operating business
- Business established in 1974 and included in the sale
- Services include 4x4 service, alignments, A/C repair, tire services, brakes, and electrical work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,420
$766.4K
Cap Rate 7%
$547,443
$547.4K
Cap Rate 9%
$425,789
$425.8K
Market Conditions
NOI Build-Up for 6,766 SF
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.
Gross rent
$60.9K $9.00/SF
− Vacancy
−$6.2K −$0.91/SF
EGI
$54.7K $8.09/SF
− OpEx
−$16.4K −$2.43/SF
NOI
$38.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,420
Cap Rate 7%
$547,443
Cap Rate 9%
$425,789
Alternative Uses
Best Use
Retail
$1.00M
$878.0K – $1.17M
NOI $70,237 @ 7.0% cap · market cap 16.34%
Second Best
Industrial
$547.4K
$479.0K – $638.7K
NOI $38,321 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,662 @ 7.0% cap · market cap 23.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48507, MI
30,149
Population
13,923
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
22.1 sq mi
ZIP Area
1,364
Density / Sq Mi
$47,165
Median Household Income
$31,346
Median Earnings
$923
Median Rent
$101,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flint Mobile Truck Repair — 925 Dort Hwy, Flint, MI 48503
- K&R Tire Center — 3086 E Court St, Flint, MI 48506
- Monro Auto Service And Tire Centers — 706 S Dort Hwy, Flint, MI 48503
- High Tech Auto Repair LLC — 422 S Dort Hwy, Flint, MI 48503
- Speedo-Metrix — 205 Dort Hwy, Flint, MI 48503
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile 6,766 sq. ft. auto service facility offered with an operating business established in 1974.
Where is this auto shop located?
The property is located at G-4112 S DORT Highway Burton, MI.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 6,766 sq. ft. auto service building included with the sale of the operating business; Business established in 1974 and included in the sale; Services include 4x4 service, alignments, A/C repair, tire services, brakes, and electrical work
