Flex Warehouse with Drive-Through
N 7293 N Clio Road Unit SourceFi Mount Morris, MI 48458
For Sale
$250,000
Flex warehouse includes a front and rear drive-through shop with 12' x 12' overhead doors and office support space.
Property Size2,080 SF
Price / SF$120.19
Days on Market13
Property Features for N 7293 N Clio Road Unit SourceFi
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Industrial
Building Details
Year Built
19
Listing Agency:
Wentworth Real Estate Group
(810) 819-3877
Listed By:
Wayne Newman
(810) 819-3877
Source:
Xome
Added: Jul 18
Changed: Jul 26
Last Checked: Jul 29 at 4:46AM
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 Wentworth Real Estate Group
Investment Insights
Based on property information with market context.
This commercial building offers a flexible layout combining office and warehouse functionality. A drive-through shop is equipped with 12' x 12' overhead doors at both the front and rear, supporting vehicle circulation and loading from either end. Inside, the front office/reception area connects to additional private offices, a kitchen/break room, and a bathroom with a locker room, with a large open shop or warehouse area that can be adapted to operational needs.
The property is positioned for transportation access, located about one mile from the interstate, approximately 13 miles from Bishop International Airport, and around five miles from rail service. It is described as zoned commercial, and buyers are advised to verify intended uses with the municipality.
Recent improvements include a new furnace and air conditioning system (2026), insulated overhead doors and commercial garage door openers (2026), exterior enamel paint and pine tongue-and-groove finishes (2025), and a 2025 survey with all four property corners clearly marked. The roof was replaced approximately seven years ago.
The property is positioned for transportation access, located about one mile from the interstate, approximately 13 miles from Bishop International Airport, and around five miles from rail service. It is described as zoned commercial, and buyers are advised to verify intended uses with the municipality.
Recent improvements include a new furnace and air conditioning system (2026), insulated overhead doors and commercial garage door openers (2026), exterior enamel paint and pine tongue-and-groove finishes (2025), and a 2025 survey with all four property corners clearly marked. The roof was replaced approximately seven years ago.
Key Highlights
- Commercial flex warehouse with front and rear drive‑through shop and 12' x 12' overhead doors at both ends
- Office and support space includes front office/reception, private offices, kitchen/break room, and bathroom with locker room
- Recent improvements include new furnace and air conditioning system (2026), insulated overhead doors (2026), and commercial garage door openers (2026)
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 | $18.7k | $9.00 |
| − Vacancy | −$1.9k | −$0.91 |
| EGI | $16.8k | $8.09 |
| − OpEx | −$2.5k | −$1.21 |
| NOI | $14.3k | $6.88 |
2,080 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$204.4K
$178.8K – $238.4K
NOI $14,305 @ 7.0% cap · market cap 5.72%
Second Best
Industrial
$168.3K
$147.3K – $196.3K
NOI $11,780 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$437.7K
$383.0K – $510.6K
NOI $30,638 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse includes a front and rear drive-through shop with 12' x 12' overhead doors and office support space.
Where is this flex space located?
The property is located at N 7293 N Clio Road Unit SourceFi Mount Morris, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercial flex warehouse with front and rear drive‑through shop and 12' x 12' overhead doors at both ends; Office and support space includes front office/reception, private offices, kitchen/break room, and bathroom with locker room; Recent improvements include new furnace and air conditioning system (2026), insulated overhead doors (2026), and commercial garage door openers (2026)
