Drive-Through Convenience
2005 Davison Rd, Flint, MI 48506
For Sale
$119,900
An existing beer and wine license is in place at this former operating location.
Property Size712 SF
Days on Market49
Property Features for 2005 Davison Rd
General Information
Standard status
Size
Property subtype
Additional Details
Drive-Thru
Liquor License
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
RE/MAX Platinum - Grand Blanc
Listed By:
Scott Myers · License MI #6506029181
(810) 344-3363
Source:
Elliman
Added: Sep 26
Changed: Nov 8
Last Checked: Nov 12 at 8:31AM
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 RE/MAX Platinum - Grand Blanc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Flint convenience-store property was recently closed and retains a drive-through setup. A beer and wine license is in place, providing a specific licensing feature for the next operator.
The property is at 2005 Davison Rd. Its Bike Score is 57, Walk Score is 45, and Transit Score is 30.
The property is at 2005 Davison Rd. Its Bike Score is 57, Walk Score is 45, and Transit Score is 30.
Key Highlights
- Drive‑through setup remains at the recently closed store
- Beer and wine license in place
- Bike Score 57; Walk Score 45; Transit Score 30
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,391
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,820
$147.8K
Cap Rate 7%
$105,586
$105.6K
Cap Rate 9%
$82,122
$82.1K
Market Conditions
NOI Build-Up for 712 SF
Gross rent
$11.0K $15.48/SF
− Vacancy
−$463 −$0.65/SF
EGI
$10.6K $14.83/SF
− OpEx
−$3.2K −$4.45/SF
NOI
$7.4K $10.38/SF
Area
Genesee County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,820
Cap Rate 7%
$105,586
Cap Rate 9%
$82,122
Alternative Uses
Best Use
Retail
$105.6K
$92.4K – $123.2K
NOI $7,391 @ 7.0% cap · market cap 6.16%
Second Best
Specialty Retail
$90.2K
$78.9K – $105.2K
NOI $6,313 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$149.8K
$131.1K – $174.8K
NOI $10,488 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48506, MI
25,069
Population
11,114
Households
2.3
Avg Household Size
39
Median Age
9%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
1,355
Density / Sq Mi
$44,416
Median Household Income
$31,740
Median Earnings
$897
Median Rent
$91,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Save A Lot — 1918 N Dort Hwy, Flint, MI 48506
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - An existing beer and wine license is in place at this former operating location.
Where is this grocery and convenience store located?
The property is located at 2005 Davison Rd Flint, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Drive‑through setup remains at the recently closed store; Beer and wine license in place; Bike Score 57; Walk Score 45; Transit Score 30
