Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2498 Baker Hts Flint, MI 48507

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $250,000

    Well-maintained warehouse with updated office space and bonus land.

    Property size:
    4,728 SF

    Property Features for 2498 Baker Hts

    General Information

    Standard status
    Active
    Zoning
    Commercial
    Size
    4,728 SF

    We can help!

    Listing Contact
    Ed Constable
    Ed Constable
    Source: Crexi

    Listing Agency: Tremaine Real Estate Listing Agent: Ed Constable

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Flex Warehouse with Updated Office

    This well-maintained flex-use warehouse in Grand Blanc features approximately 3,900 square feet of clear-span warehouse space along with 800 square feet of updated office space. The warehouse includes two 10'x10' drive-in roller/overhead doors. Clear heights measure roughly 13.5 feet and 11.5 feet across separate bays. A phase converter is available if 3-phase power is needed. Recent upgrades include all-new LED lighting and a 200-amp electrical service with a new transformer. Full security is provided by an alarm and camera system. The office is equipped with a new furnace and AC. The property includes a vacant lot near the business at Durant Heights, Flint, MI 48507 (Parcel ID: 12-05-578-055; Legal: N-1076-B Lot 134 & all of vacated Baker Heights adjoining Lot 134 on the west, General Motors Heights 89). This bonus land is suitable for overflow parking, laydown/staging, or future expansion potential, subject to buyer verification of permitted uses. The property is a versatile industrial package suited to light manufacturing, distribution, or service contractors.
    Location Intelligence

    Current Use by Public Records

    Harada & Associates Inc Construction Company Auto Cooling Solutions Auto Parts Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6541888
    Latitude
    42.9488404

    Nearby Similar for Sale

    • $450,000
      4,552 SF

      Redevelopment Opportunity in Flint, MI

      4,552 SF commercial building on 1.89 acres for sale.
      5510 Richfield Rd, Flint, MI 48506
      View Details
    • $879,000
      9,809 SF

      Fully Leased Office Building

      Pristine office building with six tenants, grossing $104,000 annually.
      5083-5085 Miller Rd, Flint, MI 48507
      View Details
    • $350,000
      8,000 SF

      Commercial Building on Two Acres

      8,000 SF commercial building suitable for various businesses.
      5030 E Coldwater Rd, Flint, MI 48506
      View Details
    • $339,900
      2,703 SF

      Linden Road Office Building

      Brick office building on high-traffic Linden Rd with MTA bus route.
      1146 S Linden Rd, Flint, MI 48532
      View Details
    • New
      $3,500,000
      8,000 SF

      Flint Laundromat and Dry Cleaning Business

      High-volume laundromat and dry cleaning business with real estate included.
      5229 Corunna Rd, Flint, MI 48532
      View Details
    • $700,000
      7,959 SF

      Established Barber College in Flint

      Turn-key barber college with training facilities in Flint, Michigan.
      3214 Flushing Rd, Flint, MI 48504
      View Details
    • $299,900
      3,040 SF

      Turnkey Office Building in Flint

      Pristine, updated office building in a prime business corridor.
      5091 Miller Rd, Flint, MI 48507
      View Details
    • $750,000
      5,109 SF

      Medical Office Building Investment

      Fully leased medical office building near McLaren Hospital.
      3380 Beecher Rd, Flint, MI 48532
      View Details
    • $539,850
      6,410 SF

      Flint Office/Warehouse Industrial Park

      Office/warehouse near expressways, airport, and railroad yard.
      5081 Exchange Dr, Flint, MI 48507
      View Details
    • $319,900
      10,361 SF

      Spacious Church on Wooded Acreage

      10,360 SF church on 12+ acres, immediate occupancy.
      5165 Detroit St, Flint, MI 48505
      View Details
    • New
      $250,000
      2,739 SF

      Historic Building in Flint, MI

      Versatile commercial building with recent renovations and flexible layout.
      1003 Church St, Flint, MI 48502
      View Details
    • $95,000
      2,800 SF

      Versatile Commercial Building on Corner Lot

      Adaptable 2,800 SF commercial building with high visibility.
      2549 Corunna Rd, Flint, MI 48503
      View Details

    FAQs

    What type of property is this?
    Flex space - Well-maintained warehouse with updated office space and bonus land.
    Where is this flex space located?
    The property is located at 2498 Baker Hts Flint, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Approximately 3,900 SF clear-span warehouse plus **800 SF updated office space.**; - Bonus vacant lot included for overflow parking, laydown/staging, or future expansion.; - **Two 10'×10' drive-in roller/overhead doors** with clear heights of 13.5' and 11.5'.
    (810) 938-3339
    Request Owner's contact information
    2498 Baker Hts Flint, MI 48507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2498 Baker Hts
    Flint, MI 48507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2498 Baker Hts Flint, MI 48507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ed Constable
    Ed Constable
    Real Estate License ID: 6501377324
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!