Flex/Light Industrial Property with
For Sale
$450,000
2905 Davison Rd, Flint, MI 48506
Light industrial and storage space with clean epoxy flooring and a separate pole barn included.
Property Size7,000 SF
Price / SF$64.29
Days on Market369
Property Features for 2905 Davison Rd
General Information
Standard status
Active
Size
7,000 SF
Class
C
Total Parking Spaces
35
Property subtype
Industrial, Other
Zoning
G
Additional Details
Highway Access
Yes
Heavy Power
Yes
Building Details
Building Size
7,000 SF
Year Built
1935
Stories
1
Listing Agency:
CMP Real Estate Group
Listed By:
Peggy J Feltner · License #6501413792
(248) 821-7688
Source:
Cpix.resimplifi
Added: Sep 1, 2025
Changed: Aug 8
Last Checked: Sep 4 at 2:01AM
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 CMP Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale flex/light industrial property includes clean epoxy flooring and storage space, with a separate pole barn included. Public remarks also list 480 watts. Zoning is noted as CC, which includes light industrial, storage, retail, manufacturing, and cannabis.
The property is located at 2905 Davison Rd in Flint, just north of the I-69 Dort Hwy interchange and just east of I-475. The configuration and zoning support a range of uses listed in the remarks, including manufacturing and retail in addition to light industrial and storage.
The property is located at 2905 Davison Rd in Flint, just north of the I-69 Dort Hwy interchange and just east of I-475. The configuration and zoning support a range of uses listed in the remarks, including manufacturing and retail in addition to light industrial and storage.
Key Highlights
- Zoning CC with Light Industrial use, including storage, retail, manufacturing, and cannabis
- Clean epoxy flooring
- Separate pole barn included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,920
$792.9K
Cap Rate 7%
$566,371
$566.4K
Cap Rate 9%
$440,511
$440.5K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$63.0K $9.00/SF
− Vacancy
−$6.4K −$0.91/SF
EGI
$56.6K $8.09/SF
− OpEx
−$17.0K −$2.43/SF
NOI
$39.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,920
Cap Rate 7%
$566,371
Cap Rate 9%
$440,511
Alternative Uses
Best Use
Warehouse
$687.7K
$601.8K – $802.4K
NOI $48,141 @ 7.0% cap · market cap 10.70%
Second Best
Industrial
$566.4K
$495.6K – $660.8K
NOI $39,646 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,109 @ 7.0% cap · market cap 22.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
305
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kelly Anne’s Forkfryes — 3123 Maryland Ave, Flint, MI 48506
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial and storage space with clean epoxy flooring and a separate pole barn included.
Where is this flex space located?
The property is located at 2905 Davison Rd Flint, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Zoning CC with Light Industrial use, including storage, retail, manufacturing, and cannabis; Clean epoxy flooring; Separate pole barn included
