Road-Front Flex
For Sale
$299,000
14132 N Saginaw Rd, Clio, MI 48420
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$131.60
Days on Market150
Property Features for 14132 N Saginaw Rd
General Information
Standard status
Active
Size
2,272 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1920
Listing Agency:
Brookstone, Realtors LLC
Listed By:
Aaron C Adkins · License #6501381452
(248) 860-2733
Source:
Vmrealestatemichigan
Added: Apr 8
Changed: Sep 3
Last Checked: Sep 2 at 6:40PM
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
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
$12,868
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
4.30%
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%
$257,360
$257.4K
Cap Rate 7%
$183,829
$183.8K
Cap Rate 9%
$142,978
$143.0K
Market Conditions
NOI Build-Up for 2,272 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
$20.4K $9.00/SF
− Vacancy
−$2.1K −$0.91/SF
EGI
$18.4K $8.09/SF
− OpEx
−$5.5K −$2.43/SF
NOI
$12.9K $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%
$257,360
Cap Rate 7%
$183,829
Cap Rate 9%
$142,978
Alternative Uses
Best Use
Industrial
$183.8K
$160.9K – $214.5K
NOI $12,868 @ 7.0% cap · market cap 4.30%
Second Best
Flex RnD
$182.1K
$159.3K – $212.4K
NOI $12,745 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48420, MI
21,771
Population
9,136
Households
2.4
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
66.4 sq mi
ZIP Area
328
Density / Sq Mi
$63,427
Median Household Income
$40,420
Median Earnings
$797
Median Rent
$177,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 14132 N Saginaw Rd Clio, MI.
What is the asking price?
The asking price for this property is $299,000.
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
