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    FOR SALE
    Commercial real estate

    3086 E Court St, Flint, MI 48506

    124,500 SF 10.16 ac lot Built 1962
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-4206152
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 3086 E. Court St in Flint, Michigan, offers a prime opportunity for businesses seeking warehouse or distribution space. The property boasts a total of 124,500 square feet, with 32,579 square feet currently available for lease. Units can be leased in sizes ranging from a minimum of 10,000 square feet up to a maximum contiguous space of 32,579 square feet, providing flexibility for various operational needs. The building features a generous 20-foot ceiling height, facilitating efficient storage and handling of goods. Loading and unloading are simplified with 5 loading docks and 4 drive-in doors. Ample parking is available for employees and visitors. The property sits on a substantial 10.82-acre lot, providing ample room for expansion or outdoor storage. The warehouse is equipped with 240-volt power, suitable for a range of industrial applications. The property is zoned for light industrial use and is conveniently located in Genesee County, Michigan, with the APN 41-16-102-011. This multi-tenant building presents a unique opportunity to secure a well-located, functional warehouse space in a thriving industrial area. Contact us today to learn more about leasing options and schedule a viewing.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1962
    Total area 124,500 SF
    Lot 10.16 ac (442,570 SF)
    APN 41-16-102-011
    UPID US43-4206152
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Flint Community Schools Bus Yard High School
    • First Student Inc. School Bus Service Bus Charter
    • K&R Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
    • Ground Level Dumpsters Corporate Office
    • First Student, Inc. School Bus Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.23M
    Blend (final) Blend
    $2.58M
    Owner & transaction history
    Court Flint LLC · 3 yrs held
    Court Flint LLC
    since 2022
    Last sale
    $2.8M
    4 recorded transactions
    2022
    $2.8M
    2022
    $550,000
    2022
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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