Burton Commercial Asset For
4277 S Saginaw St, Burton, MI 48529
For Sale
$270,000
3,500 SF commercial building in prime Burton corridor.
Property Size3,560 SF
Price / SF$77.14
Days on Market198
Property Features for 4277 S Saginaw St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
East Central, LLC
Listed By:
Jackie Stratton · License #100050356
(810) 397-2603
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 25 at 5:20AM
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 East Central, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500 square foot commercial building is located in one of Burton’s established commercial corridors. Zoned C-2, the property offers frontage and exposure along a primary artery connecting Grand Blanc, Burton, and Flint, with traffic counts exceeding 15,400 vehicles per day. The building has a large on-site parking lot and two separate entrances. Originally designed as two suites, it is easily re-dividable and is currently configured as one unit. Remodeled in 2018, it features two high-efficiency furnaces installed in 2018. The building was most recently operated as a pawn shop and may be conveyed with remaining equipment or delivered vacant. Potential uses include retail storefront, professional office, service-based business, or light warehouse/specialty retail. The ability to convert back to two independent units creates income-producing potential. The property has high-visibility frontage with strong signage potential. It is close to major expressways and other retail shopping in strong community surroundings.
Key Highlights
- High‑traffic location: Over 15,400 vehicles per day, providing exceptional visibility.
- Flexible C‑2 zoning: Suitable for a wide range of commercial uses.
- Easily divisible: Originally designed as two suites, offering dual‑tenant income potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,071
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,420
$481.4K
Cap Rate 7%
$343,871
$343.9K
Cap Rate 9%
$267,456
$267.5K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$31.5K $9.00/SF
− Vacancy
−$3.2K −$0.91/SF
EGI
$28.3K $8.09/SF
− OpEx
−$4.2K −$1.21/SF
NOI
$24.1K $6.88/SF
Area
Genesee County, MI
Vacancy
10.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,420
Cap Rate 7%
$343,871
Cap Rate 9%
$267,456
Alternative Uses
Best Use
Office B
$550.8K
$482.0K – $642.6K
NOI $38,557 @ 7.0% cap · market cap 14.28%
Second Best
Retail
$519.0K
$454.2K – $605.6K
NOI $36,333 @ 7.0% cap · market cap 13.46%
Theoretical Best
Office A
$736.5K
$644.4K – $859.2K
NOI $51,554 @ 7.0% cap · market cap 19.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48529, MI
9,560
Population
4,430
Households
2.2
Avg Household Size
37
Median Age
8%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
1,992
Density / Sq Mi
$38,021
Median Household Income
$24,189
Median Earnings
$1,003
Median Rent
$74,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Genesee County, MI
Properties on Market for Storefront properties in Genesee County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - 3,500 SF commercial building in prime Burton corridor.
Where is this storefront property located?
The property is located at 4277 S Saginaw St Burton, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: High‑traffic location: Over 15,400 vehicles per day, providing exceptional visibility.; Flexible C‑2 zoning: Suitable for a wide range of commercial uses.; Easily divisible: Originally designed as two suites, offering dual‑tenant income potential.
