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1024-1028 Professional Dr, Flint, MI 48532

Office suites with immediate availability and ample on-site parking for efficient ingress and egress.

Property Size10,000 SF
Price / SF$250
Days on Market529

Property Features for 1024-1028 Professional Dr

General Information

Standard status Active
Size 10,000 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: NAI Farbman - Corporate
Listed By: Brad Margolis · License #6501371948
Source: Moodyscre
Added: Apr 28, 2025 Changed: Sep 9 Last Checked: Oct 7 at 3:04PM

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 NAI Farbman - Corporate

Investment Insights

Based on property information with market context.

A 10,000 SF office property at 1024-1028 Professional Dr in Flint, MI offers suite space ranging from 350 to 2,000 SF. Multiple suite options are available for sale, with select suites available immediately, supporting flexible office requirements.

The property is positioned for quick access to I-75, which can help streamline commuting and business access. Ample parking is available, with smooth ingress and egress to support day-to-day tenant and visitor traffic.

Suites can be a practical fit for a range of office users looking for centrally located space within a smaller-footprint configuration, while still having the option to scale within the stated suite size range.

Key Highlights

  • Total 10,000 SF office property for sale
  • Suite sizes from 350 SF to 2,000 SF available immediately
  • Quick access to I‑75

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,164
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,280 $2.2M
Cap Rate 7%
$1,573,771 $1.6M
Cap Rate 9%
$1,224,044 $1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$170.4K $17.04/SF
− Vacancy
−$23.5K −$2.35/SF
EGI
$146.9K $14.69/SF
− OpEx
−$36.7K −$3.67/SF
NOI
$110.2K $11.02/SF
Area
Genesee County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,280
Cap Rate 7%
$1,573,771
Cap Rate 9%
$1,224,044

Alternative Uses

Best Use
Office B
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,164 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M (±1% cap)
NOI $147,299 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Auto Repair Shop Restaurant HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 48532, MI

19,247
Population
9,093
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
88%
High-School Grad
16.0 sq mi
ZIP Area
1,203
Density / Sq Mi
$58,118
Median Household Income
$34,361
Median Earnings
$929
Median Rent
$157,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suites with immediate availability and ample on-site parking for efficient ingress and egress.
Where is this office units located?
The property is located at 1024-1028 Professional Dr Flint, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Total 10,000 SF office property for sale; Suite sizes from 350 SF to 2,000 SF available immediately; Quick access to I‑75
(248) 351-4367 Call to check price and availability
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