3413 Corunna Road Flint, MI 48532
Two-story brick building on 0.70+ acres with C-3 Highway Service zoning and billboard lease income.
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 2:48 am
Property Features for 3413 Corunna Road
General Information
- Standard status
- Active
- Size
- 3,456 SF
- Lot size
- 0.70 Acres
- Property subtype
- Retail
Listing office RE/MAX Platinum
Listing date Jul 9, 2026
Source Crexi
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 RE/MAX Platinum
Investment Insights
Based on property information with market context.
The property is positioned immediately adjacent to the I-75 northbound and southbound lanes at the Corunna Rd. exit, providing direct highway visibility and prominent accessibility from a highly traveled corridor.
The sale includes two income-producing billboard leases located atop the existing building, along with two additional adjacent parcels on Westover Drive (Parcel IDs 07-22-501-037 and 07-22-501-038) to support expanded development and site planning options.
Key Highlights
- 3,400+ SF, two‑story brick commercial building on 0.70+ acres
- C‑3 Highway Service zoning offers flexibility for a variety of commercial uses
- Site is adjacent to I‑75 northbound and southbound at the Corunna Rd. exit
Local Financial Insights For Office B
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 | $58.9k | $17.04 |
| − Vacancy | −$8.1k | −$2.35 |
| EGI | $50.8k | $14.69 |
| − OpEx | −$12.7k | −$3.67 |
| NOI | $38.1k | $11.02 |
