Office Building with Heated
For Sale
Contact for pricing
3212 S Dye Road, Flint, MI 48507
Five private offices, a kitchenette, two bathrooms, and a large shared work area support a range of office layouts.
Property Size3,200 SF
Price / SF$0.94
Days on Market37
Property Features for 3212 S Dye Road
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Amenities
kitchenette
conference room
Building Details
Year Built
1970
Buildings
1
Building Size
3,200 SF
Listing Agency:
Knockout Real Estate
(989) 652-6300
Listed By:
Andrew J Keller · License #6501404870
(810) 444-2963
Source:
Goodhomemi
Added: Oct 1
Changed: Nov 5
Last Checked: Nov 6 at 7:41AM
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 Knockout Real Estate
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Investment Insights
Based on property information with market context.
This 3,200-square-foot office property includes five private offices, a kitchenette, two bathrooms, and a sizable conference or work area. Recent improvements include new carpet and paint. A heated garage with an automatic door opener can accommodate at least two work vehicles, and an additional wing provides storage space. The building was constructed in 1970.
Key Highlights
- 3,200‑square‑foot office building with five private offices
- Heated garage with door opener and room for at least two work vehicles
- Additional garage wing offers storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,252
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,040
$705.0K
Cap Rate 7%
$503,600
$503.6K
Cap Rate 9%
$391,689
$391.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$54.5K $17.04/SF
− Vacancy
−$7.5K −$2.35/SF
EGI
$47.0K $14.69/SF
− OpEx
−$11.8K −$3.67/SF
NOI
$35.3K $11.02/SF
Area
Genesee County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,040
Cap Rate 7%
$503,600
Cap Rate 9%
$391,689
Alternative Uses
Best Use
Office B
$503.6K
$440.7K – $587.5K
NOI $35,252 @ 7.0% cap · market cap 1,175.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.4K
$589.2K – $785.6K
NOI $47,136 @ 7.0% cap · market cap 1,571.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
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Business Placement
Demographics for 48507, MI
30,149
Population
13,923
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
22.1 sq mi
ZIP Area
1,364
Density / Sq Mi
$47,165
Median Household Income
$31,346
Median Earnings
$923
Median Rent
$101,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Flint, MI
Properties on Market for Office Units in Flint
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Five private offices, a kitchenette, two bathrooms, and a large shared work area support a range of office layouts.
Where is this office unit located?
The property is located at 3212 S Dye Road Flint, MI.
What are key features of this property?
This property features: 3,200‑square‑foot office building with five private offices; Heated garage with door opener and room for at least two work vehicles; Additional garage wing offers storage space
