Office-Warehouse Flex
5081 Exchange Drive Unit SourceFi Flint, MI 48507
5081 Exchange Drive Unit SourceFi, Flint, MI, 48507
$535,830
For Sale
$535,830
Flex unit currently configured as an office with a heated storage garage and a utility door.
Property Size6,410 SF
Price / SF$83.59
Days on Market44
Property Features for 5081 Exchange Drive Unit SourceFi
General Information
- Standard status
- Active
- Size
- 6,410 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
American Associates Inc
(810) 691-4124
Listed by
Randall Haney · License #6502136257
(810) 691-4124
Source
Xome
Added: Jun 5 Checked: Jul 18 at 2:55 am
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 American Associates Inc
Investment Insights
Based on property information with market context.
This flex unit is currently configured for office use and includes a 15 x 22 heated storage garage with a utility door. The setup supports a practical work-and-storage arrangement within the same space.
The property is located in an office/warehouse industrial park near expressways, with proximity to Bishop Airport and the railroad yard. Access is described as very close to I-75/I-69 exchange drive.
For sale with land contract terms available, this offering may be suited to buyers seeking an office presence paired with on-site heated storage.
The property is located in an office/warehouse industrial park near expressways, with proximity to Bishop Airport and the railroad yard. Access is described as very close to I-75/I-69 exchange drive.
For sale with land contract terms available, this offering may be suited to buyers seeking an office presence paired with on-site heated storage.
Key Highlights
- Flex unit configured as an office with a 15 x 22 heated storage garage and a utility door
- Located near the I‑75/I‑69 exchange on Exchange Drive, close to expressways, Bishop Airport, and the railroad yard
- Rubber roof
Local Financial Insights For Warehouse
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 | $57.7k | $9.00 |
| − Vacancy | −$5.8k | −$0.91 |
| EGI | $51.9k | $8.09 |
| − OpEx | −$7.8k | −$1.21 |
| NOI | $44.1k | $6.88 |
6,410 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.01M
$882.7K – $1.18M
NOI $70,615 @ 7.0% cap · market cap 13.18%
Second Best
Warehouse
$629.8K
$551.1K – $734.7K
NOI $44,084 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,418 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Card Merchant Services ...
Atm
Cashless Payments Inc ...
Business To Business Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex unit currently configured as an office with a heated storage garage and a utility door.
Where is this flex space located?
The property is located at 5081 Exchange Drive Unit SourceFi Flint, MI.
What is the asking price?
The asking price for this property is $535,830.
What are key features of this property?
This property features: Flex unit configured as an office with a 15 x 22 heated storage garage and a utility door; Located near the I‑75/I‑69 exchange on Exchange Drive, close to expressways, Bishop Airport, and the railroad yard; Rubber roof
