Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7031 Stratford Ln Flushing, MI 48433

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $222,212

    Move-in ready condo with modern kitchen, finished basement, and private backyard.

    Property size:
    1,696 SF

    Property Features for 7031 Stratford Ln

    General Information

    Size
    1,696 SF

    Building Details

    Year built
    2003

    We can help!

    Listing Contact
    Jocelyn Tucker
    Source: Kw

    Listing Agent: Jocelyn Tucker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Ranch Condo in Flushing

    This updated ranch condo in Flushing features a kitchen with stainless steel appliances, stone countertops, bar-top seating, and modern lighting. The living room is spacious and filled with natural light, overlooking a private backyard. The main floor includes a guest bedroom, first-floor laundry, and a primary suite with a walk-in closet and updated bathroom. The fully finished basement provides additional living space with a family room, a third bedroom, and another full bath. A new furnace and AC are planned for 2025. The property offers an affordable HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Genesee
    State
    Michigan
    Longitude
    -83.81658
    Latitude
    43.046432

    Nearby Similar for Sale

    • New
      $199,900
      2,668 SF

      Remodeled Mixed-Use Building in Flushing

      Spacious, remodeled mixed-use property with approved apartment plans in Flushing.
      110 E Main St, Flushing, MI 48433
      View Details
    • $4,700,000
      22,592 SF

      Flushing Multi-Use Commercial Building

      22,592 SF building on 4.36 acres in Flushing, MI.
      1537 E Pierson Rd, Flushing, MI 48433
      View Details
    • $700,000
      5,188 SF

      Flushing Bar and Restaurant Opportunity

      Established bar and restaurant with real estate and liquor license.
      111 E Main St, Flushing, MI 48433
      View Details
    • $150,000
      4,800 SF

      Versatile Building in Flushing, Michigan

      Adaptable 4,800 sq ft building suitable for various purposes.
      5360 Bangor Ave, Flushing, MI 48433
      View Details
    • $39,999

      Flushing Estates Mobile Home

      3-bedroom home in a community with Flint River access.
      29 Armstrong Ave, Flushing, MI 48433
      View Details
    • $400,000

      Two-Building Office Development For Sale

      Five-unit office development for sale or lease on Pierson Rd.
      5265 W Pierson Rd, Flushing, MI 48433
      View Details
    • $189,999
      200 SF

      Flushing Office Building For Sale

      Office building with multiple offices, conference room, and kitchen.
      5121 Flushing Rd, Flushing, MI 48433
      View Details
    • $62,500

      Flushing Charter Township Property

      Property for sale in Flushing Charter Township, Michigan.
      257 Grissom Ct, Flushing, MI 48433
      View Details
    • $799,000
      1,342 SF

      Flushing Industrial Land & Home

      10.9 Acres, Prime Location, High Visibility
      3452-3466-3480 Elms, Flushing, MI 48433
      View Details
    • $229,900
      4,046 SF

      Flushing Industrial Property - Great Visibility

      Prime Flushing location, two rentable units.
      1323 Main St, Flushing, MI 48433
      View Details
    • $400,000
      3,200 SF

      Flushing, MI Medical Office Complex

      Multi-unit medical office, value-add opportunity.
      5265 Pierson Rd, Flushing, MI 48433
      View Details
    • $250,000
      3,495 SF

      1513 Pierson Rd, Flushing, MI 48433

      Industrial properties • 3,495 SF
      1513 Pierson Rd, Flushing, MI 48433
      View Details

    FAQs

    What type of property is this?
    Single family property - Move-in ready condo with modern kitchen, finished basement, and private backyard.
    Where is this single family property located?
    The property is located at 7031 Stratford Ln Flushing, MI.
    What is the asking price?
    The asking price for this property is $222,212.
    What are key features of this property?
    This property features: - Updated ranch condo with a fully finished basement, offering ample living space.; - New furnace and AC (2025) provide modern efficiency and peace of mind.; - Updated kitchen features STAINLESS STEEL APPLIANCES and STONE COUNTERTOPS.
    (810) 429-9691
    Request Owner's contact information
    7031 Stratford Ln Flushing, MI 48433
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7031 Stratford Ln
    Flushing, MI 48433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7031 Stratford Ln Flushing, MI 48433
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jocelyn Tucker
    (810) 429-9691
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.