Automotive Service
S G-4112 S DORT Highway Unit SourceFi Burton, MI 48507
S G-4112 S DORT Highway Unit SourceFi, Burton, MI, 48507
$429,900
For Sale
$429,900
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 Market675
Property Features for S G-4112 S DORT Highway Unit SourceFi
General Information
- Standard status
- Active
- Size
- 6,766 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
(810) 397-3192
Listed by
Grand Blanc
(810) 397-3192
Source
Xome
Added: Sep 13, 2024 Checked: Jul 19 at 2:00 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 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
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 | $60.9k | $9.00 |
| − Vacancy | −$6.2k | −$0.91 |
| EGI | $54.7k | $8.09 |
| − OpEx | −$16.4k | −$2.43 |
| NOI | $38.3k | $5.66 |
6,766 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- K&R Tire Center — 3086 E Court St, Flint, MI 48506
- Flint Mobile Truck Repair — 925 Dort Hwy, Flint, MI 48503
- Speedo-Metrix — 205 Dort Hwy, Flint, MI 48503
- High Tech Auto Repair LLC — 422 S Dort Hwy, Flint, MI 48503
- Monro Auto Service And Tire Centers — 706 S Dort Hwy, Flint, MI 48503
FAQs
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 S G-4112 S DORT Highway Unit SourceFi 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
