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Flex Space with Garage Bays

4230 DYE Road Swartz Creek, MI 48473

4230 DYE Road, Swartz Creek, MI, 48473
Contact for pricing
For Sale
Contact for pricing

Flex building includes office areas plus multiple separate garage bays and a large open-air structure for equipment or materials.

Property Size5,475 SF
Price / SF$73.04
Days on Market21

Property Features for 4230 DYE Road

General Information

Standard status
Active
Size
5,475 SF
Property subtype
Mixed Use, Multifamily
Listing agency RE/MAX Grande
Listed by Scott Myers · License #620395235
Source Crexi
Added: Jul 1 Updated: Jul 21 at 6:46PM Checked: Jul 21 at 6:46PM

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 Grande


Investment Insights

Based on property information with market context.

This flex space combines well-appointed office areas with multiple separate garage bays, providing practical workspace and storage for trades and contractor-type operations. In addition to the enclosed bays, the property includes a large open-air structure suited for equipment and material handling.

The property sits on a generously sized lot with room to expand. Public remarks also note close proximity to the expressway and airport, and reference the site of a proposed semiconductor plant.

Offered for sale, the asset is presented as a versatile setup for businesses needing both office space and flexible, garage-based storage and work area.

Key Highlights

  • Flex building with office areas
  • Multiple separate garage bays providing storage and workspace
  • Large open‑air structure for equipment or material use

Local Financial Insights For Industrial

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 $49.3k $9.00
− Vacancy −$5.0k −$0.91
EGI $44.3k $8.09
− OpEx −$13.3k −$2.43
NOI $31.0k $5.66
5,475 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%

Alternative Uses

Best Use
Office B
$861.6K
$753.9K – $1.01M (±1% cap)
NOI $60,315 @ 7.0% cap · market cap 15.08%
Second Best
Warehouse
$537.9K
$470.7K – $627.6K (±1% cap)
NOI $37,653 @ 7.0% cap · market cap 9.42%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,646 @ 7.0% cap · market cap 20.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

(Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Cafe & Coffee Shop Daycare Center Veterinary Clinic Auto Parts Store Tanning Salon

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

FAQs

What type of property is this?
Flex space - Flex building includes office areas plus multiple separate garage bays and a large open-air structure for equipment or materials.
Where is this flex space located?
The property is located at 4230 DYE Road Swartz Creek, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Flex building with office areas; Multiple separate garage bays providing storage and workspace; Large open‑air structure for equipment or material use
Contact an agent
(810) 695-4111 Call to check price and availability
More about this property
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