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Automotive Property with Paint Booth
For Sale
$2,499,000

1415 E Pierson Road, Flushing, MI 48433

COM/IND/BUS OPP, Flushing, MI

Property Size35,633 SF
Lot Size6.90 Acres
Price / SF$70.13
Days on Market175

Property Features for 1415 E Pierson Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, Industrial, Mixed Use, Professional Office
Parking features Parking Lot
Security features Security Lighting
Exterior features Security Lighting
Lot features Corner Lot, Main Street, Industrial
Subdivision Flushing (25024)
Standard status Active
APN 55-25-576-096
Size 35,633 SF
Lot size 6.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 43124

Utilities

Heating system Radiant, Forced Air, Zoned
Cooling system Central Air, Zoned
Water source Public

Building Details

Roof type Flat
Listing Agency: Ham Group Realty
Listed By: Lucy Ham
Added: Apr 28 Changed: Oct 15 Last Checked: Oct 19 at 5:06PM
MLS# 50205830

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This automotive property occupies 6.9 acres and includes a primary commercial facility, a 70x75 heated pole building, and a 20x29 storage building. The operation is equipped with a paint booth and hoists, with radiant, forced-air, and zoned heating, along with central and zoned air conditioning. A flat roof, public water service, security lighting, and a parking lot are also in place.

The property has wraparound frontage along Pierson Road and Main Street in Flushing. Improvements completed in 2016 included sidewalks, LED lighting, ceiling tiles, the roof, furnaces, air conditioning, and parking-lot resealing. B-2 commercial-industrial zoning supports the property's established automotive configuration.

Key Highlights

  • 6.9‑acre automotive property in Flushing
  • B‑2 commercial‑industrial zoning
  • 70x75 heated pole building included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$201,815
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,036,300 $4.0M
Cap Rate 7%
$2,883,071 $2.9M
Cap Rate 9%
$2,242,389 $2.2M
Market Conditions
NOI Build-Up for 35,633 SF
Gross rent
$320.7K $9.00/SF
− Vacancy
−$32.4K −$0.91/SF
EGI
$288.3K $8.09/SF
− OpEx
−$86.5K −$2.43/SF
NOI
$201.8K $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 Rate 5%
$4,036,300
Cap Rate 7%
$2,883,071
Cap Rate 9%
$2,242,389

Alternative Uses

Best Use
Retail
$5.28M
$4.62M – $6.17M (±1% cap)
NOI $369,902 @ 7.0% cap · market cap 14.80%
Second Best
Warehouse
$3.50M
$3.06M – $4.08M (±1% cap)
NOI $245,061 @ 7.0% cap · market cap 9.81%
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M (±1% cap)
NOI $524,869 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Joelscarz.com Inc Car Dealership

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Plumbing Service Daycare Center Barber Shop

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
Paved road access

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48433, MI

26,688
Population
10,597
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
95%
High-School Grad
55.5 sq mi
ZIP Area
481
Density / Sq Mi
$81,301
Median Household Income
$45,126
Median Earnings
$982
Median Rent
$197,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • P R Schor Enterprise — 6379 Kelly Rd, Flushing, MI 48433
  • U-Haul Neighborhood Dealer — 4170 Commerce Dr, Flushing, MI 48433

Frequently Asked Questions

What type of property is this?
Automotive property - B-2-zoned commercial-industrial facility with automotive equipment, multiple buildings, upgraded systems, and substantial paved parking.
Where is this automotive property located?
The property is located at 1415 E Pierson Road Flushing, MI.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 6.9‑acre automotive property in Flushing; B‑2 commercial‑industrial zoning; 70x75 heated pole building included
More about this property
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