Two-Story Flex Space with
For Sale
$499,900
4371 S Saginaw St, Burton, MI 48507
Includes showroom space and overhead-door access for retail, warehouse, or indoor storage uses.
Property Size2,400 SF
Price / SF$65.09
Days on Market48
Property Features for 4371 S Saginaw St
General Information
Standard status
Active
Size
2,400 SF
Building Details
Year Built
1971
Buildings
1
Stories
2
Building Size
2,400 SF
Listing Agency:
RE/MAX Platinum - Grand Blanc
Listed By:
Scott Myers · License #6506029181
(810) 695-4111
Source:
Katie-k
Added: Aug 21
Changed: Oct 2
Last Checked: Oct 5 at 11:54PM
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 - Grand Blanc
Investment Insights
Based on property information with market context.
This two-story flex property contains 2,400 sq. ft. of warehouse space, a large showroom, and two overhead doors. The configuration is suited to retail, showroom, warehouse, or indoor storage applications.
Built in 1971, the property is located at 4371 S SAGINAW St in Burton, Michigan. WalkScore and BikeScore are both 43, reflecting a car-dependent, somewhat bikeable setting.
Built in 1971, the property is located at 4371 S SAGINAW St in Burton, Michigan. WalkScore and BikeScore are both 43, reflecting a car-dependent, somewhat bikeable setting.
Key Highlights
- 2,400 sq. ft. two‑story warehouse
- Large showroom component
- Two overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,497
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,940
$869.9K
Cap Rate 7%
$621,386
$621.4K
Cap Rate 9%
$483,300
$483.3K
Market Conditions
NOI Build-Up for 7,680 SF
Gross rent
$69.1K $9.00/SF
− Vacancy
−$7.0K −$0.91/SF
EGI
$62.1K $8.09/SF
− OpEx
−$18.6K −$2.43/SF
NOI
$43.5K $5.66/SF
Area
Genesee County, MI
Vacancy
10.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,940
Cap Rate 7%
$621,386
Cap Rate 9%
$483,300
Alternative Uses
Best Use
Retail
$1.14M
$996.6K – $1.33M
NOI $79,725 @ 7.0% cap · market cap 15.95%
Second Best
Warehouse
$754.5K
$660.2K – $880.3K
NOI $52,818 @ 7.0% cap · market cap 10.57%
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,125 @ 7.0% cap · market cap 22.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Includes showroom space and overhead-door access for retail, warehouse, or indoor storage uses.
Where is this flex space located?
The property is located at 4371 S Saginaw St Burton, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,400 sq. ft. two‑story warehouse; Large showroom component; Two overhead doors
