Auto Recycling & Scrap
2309 Fenton Rd Flint, MI 48507
2309 Fenton Rd, Flint, MI, 48507
$750,000
For Sale
$750,000
Multi-parcel site with a showroom/office and large yard supported by two back buildings and two adjacent houses.
Property Size8,644 SF
Lot Size2.57 Acres
Price / SF$86.77
Days on Market174
Property Features for 2309 Fenton Rd
General Information
- Standard status
- Active
- Size
- 8,644 SF
- Lot size
- 2.57 Acres
- Property subtype
- Other, Industrial
Listing agency
Real Living Tremaine
(810) 938-3339
Listed by
Ed Constable · License #6501377324
(810) 938-3339
Source
Cpix.resimplifi
Added: Jan 30 Updated: Jul 22 at 3:18PM Checked: Jul 22 at 3:18PM
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 Real Living Tremaine
Investment Insights
Based on property information with market context.
For sale is a fully operational auto recycling and scrap yard site configured for both customer-facing and yard operations. The property includes a showroom/office plus a large yard with two back buildings suitable for processing, storage, or fleet/equipment housing. Two adjacent houses are also included as ancillary space for on-site staff, office use, rental income, or secure storage. The sale includes the existing business inventory.
The assemblage spans four parcels: 2309 Fenton Rd, 2308 Toronto St, and 958 and 950 Lexington Ave. The site is described as having multiple access points and distinct zones separating retail and administrative functions from yard operations.
Buyer should verify suitability for continued or alternative industrial/commercial applications. An optional equipment package is referenced for a turnkey acquisition, and business equipment may be available for purchase with the business. The listing emphasizes operational flow and functional separation across the yard and office components.
The assemblage spans four parcels: 2309 Fenton Rd, 2308 Toronto St, and 958 and 950 Lexington Ave. The site is described as having multiple access points and distinct zones separating retail and administrative functions from yard operations.
Buyer should verify suitability for continued or alternative industrial/commercial applications. An optional equipment package is referenced for a turnkey acquisition, and business equipment may be available for purchase with the business. The listing emphasizes operational flow and functional separation across the yard and office components.
Key Highlights
- Fully operational auto recycling & scrap yard sale includes both the property and the existing business inventory.
- Four‑parcel assemblage totaling approx. 2.57 acres: 2309 Fenton Rd, 2308 Toronto St, and 958 & 950 Lexington Ave.
- 2309 Fenton Rd includes a customer‑facing showroom/office.
Local Financial Insights For Warehouse
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 | $77.8k | $9.00 |
| − Vacancy | −$7.9k | −$0.91 |
| EGI | $69.9k | $8.09 |
| − OpEx | −$10.5k | −$1.21 |
| NOI | $59.4k | $6.88 |
8,644 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,225 @ 7.0% cap · market cap 12.70%
Second Best
Warehouse
$849.3K
$743.1K – $990.8K
NOI $59,448 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,325 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flint Auto Recycling
Auto Parts Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-parcel site with a showroom/office and large yard supported by two back buildings and two adjacent houses.
Where is this flex space located?
The property is located at 2309 Fenton Rd Flint, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully operational auto recycling & scrap yard sale includes both the property and the existing business inventory.; Four‑parcel assemblage totaling approx. 2.57 acres: 2309 Fenton Rd, 2308 Toronto St, and 958 & 950 Lexington Ave.; 2309 Fenton Rd includes a customer‑facing showroom/office.
