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Warehouse with Office Finish

1810 Remell Street Flint, MI 48503

1810 Remell Street, Flint, MI, 48503
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For Sale
Contact for pricing

Versatile building with warehouse/workshop space, finished office area, multiple garage doors, and ample on-site parking.

Property Size8,000 SF
Price / SF$62.50
Days on Market91

Property Features for 1810 Remell Street

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Industrial

Building Details

Year Built
9999
Listing agency Wentworth Real Estate Group
Listed by Andrew Belson · License #6501370141
Source Crexi
Added: Apr 23 Updated: Jul 22 at 11:52AM Checked: Jul 22 at 11:52AM

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 Wentworth Real Estate Group


Investment Insights

Based on property information with market context.

A versatile commercial building totaling about 8,000 square feet offers a spacious warehouse/workshop with a wide-open floor plan and multiple garage door entry points for vehicle access and loading. A portion of the warehouse is finished into office space for administrative work and day-to-day management while remaining connected to the main workspace.

The property sits on a corner lot with ample on-site parking for employees, clients, or fleet vehicles. A nearby note indicates it is very close to I-69 ramps.

An additional outbuilding/storage building is listed as 7,600 square feet, providing extra space for storage or support uses.

Key Highlights

  • 8,000 SF commercial building on a corner lot in Flint, MI
  • Warehouse/workshop area with wide‑open floor plan for equipment storage or operations
  • Multiple garage door entry points for loading, unloading, and vehicle access

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 $72.0k $9.00
− Vacancy −$7.3k −$0.91
EGI $64.7k $8.09
− OpEx −$19.4k −$2.43
NOI $45.3k $5.66
8,000 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,131 @ 7.0% cap · market cap 17.63%
Second Best
Warehouse
$786.0K
$687.7K – $917.0K (±1% cap)
NOI $55,019 @ 7.0% cap · market cap 11.00%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,839 @ 7.0% cap · market cap 23.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Borneman & Peterson, Inc. Industrial Manufacturer

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom Pharmacy Restaurant HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Creative catering — 1835 Tower St, Flint, MI 48503

FAQs

What type of property is this?
Flex space - Versatile building with warehouse/workshop space, finished office area, multiple garage doors, and ample on-site parking.
Where is this flex space located?
The property is located at 1810 Remell Street Flint, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 8,000 SF commercial building on a corner lot in Flint, MI; Warehouse/workshop area with wide‑open floor plan for equipment storage or operations; Multiple garage door entry points for loading, unloading, and vehicle access
Contact an agent
(810) 955-6600 Call to check price and availability
More about this property
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