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    3600 Dort Hwy Flint, MI 48507

    For Sale
    $3,625,000

    High-occupancy retail center, excellent investment.

    Property size:
    241,541 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Dort Mall, located at 3600 S Dort Hwy, Flint, MI 48507, presents a compelling investment opportunity. This multi-tenant retail property encompasses 241,541 square feet across 38 units, situated on a 19-acre lot (APN: 41-20-476-060). The asking price is $3,625,000, translating to $15.01 per square foot. The property boasts over 97% occupancy, demonstrating strong tenant demand. Significant capital improvements have been recently completed, including a brand-new roof installed in 2023 ($850,000 investment), and 27 new HVAC units installed between 2019 and 2023 ($950,000 investment). Further enhancements totaling $328,100 have been made to parking, signage, and electrical systems. The property is situated along Dort Highway, a major thoroughfare in Flint, Michigan, within a mixed commercial and residential area in the city's southern section. This NNN-leased property offers a stable income stream and significant upside potential for a savvy investor. The property's strong occupancy rate, coupled with the recent substantial capital improvements, makes it an attractive and low-risk investment opportunity in a resilient market.

    Property Features for 3600 Dort Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    241,541 SF
    Lot Size
    827,640 SF

    Building Details

    Units
    38

    HighLights

    • $3,625,000 asking price, $15.01 PSF.
    • Over 97% occupancy.
    • Brand new roof (2023, $850,000 investment).
    • 27 new HVAC units (2019‑2023, $950,000 investment).
    • $328,100 in recent parking, signage, and electrical upgrades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mydas Touch Beauty ... Spa Grindstone Billiards Club Sports Club Guerrero Dumpster Rental ... Garbage Collection Service Complete Cleanouts & Liquidations, ... Estate Liquidator Dr. Todd Rosen, ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.655270009891
    Latitude
    42.990821430292

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    FAQs

    What type of property is this?
    Individual retail property - High-occupancy retail center, excellent investment.
    Where is this individual retail property located?
    The property is located at 3600 Dort Hwy Flint, MI.
    What is the asking price?
    The asking price for this property is $3,625,000.
    What are key features of this property?
    This property features: $3,625,000 asking price, $15.01 PSF.; Over 97% occupancy.; Brand new roof (2023, $850,000 investment).
    Request Owner's contact information
    3600 Dort Hwy Flint, MI 48507
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    Realmo Value Estimation

    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.

    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.

    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
    3600 Dort Hwy Flint, MI 48507
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