Add Listing
    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

    4415 Corunna Rd Flint, MI 48532

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Successful business, 4,488 SF, drive-thru.

    Property size:
    4,488 SF

    Property Features for 4415 Corunna Rd

    General Information

    Property type
    Retail space
    Square Feet
    4,488 SF
    Class
    B
    Lot Size
    37,462 SF

    Building Details

    Year Built/Renovated
    2003/2023
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Kevin Bull
    Kevin Bull

    Listing Agent: Kevin Bull

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 4,488-square-foot retail storefront, located at 4415 Corunna Rd in Flint, Michigan, presents a unique owner-user investment opportunity. Built in 2003 and extensively renovated in 2023, this Class B building boasts a 100% occupancy rate and sits on a 0.86-acre lot with ample parking for 23 vehicles. The property features a showroom, restrooms, office space, and a storage area with an overhead door. A former drive-thru lane and window remain, offering potential for future expansion or adaptation. The building is zoned C-2 and enjoys a prime location on Corunna Road, experiencing high traffic volume of 14,500 cars daily, less than a mile from I-75. This thriving commercial area includes nearby businesses such as Starbucks, Tropical Smoothie, Walmart, and Home Depot. The sale includes over $100,000 worth of existing inventory. The roof and HVAC systems are in excellent condition. This is a turnkey operation ready for immediate success. Asking price is $950,000 ($211.68/sq ft).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.769127468494
    Latitude
    43.001608963548

    Nearby Similar for Sale

    • $879,000
      9,809 SF

      Fully Leased Office Building

      Pristine office building with six tenants, grossing $104,000 annually.
      5083-5085 Miller Rd, Flint, MI 48507
      View Details
    • New
      $148,000
      2,520 SF

      Commercial Building in Genesee Township

      Commercial building suitable for salon, office, or retail business.
      4344 Richfield Rd, Flint, MI 48506
      View Details
    • $539,850
      6,410 SF

      Flint Office/Warehouse Industrial Park

      Office/warehouse near expressways, airport, and railroad yard.
      5081 Exchange Dr, Flint, MI 48507
      View Details
    • $339,900
      2,703 SF

      Linden Road Office Building

      Brick office building on high-traffic Linden Rd with MTA bus route.
      1146 S Linden Rd, Flint, MI 48532
      View Details
    • $69,900
      1,260 SF

      Commercial Building on Richfield Road

      Two-unit commercial building with income potential in Flint, Michigan.
      5036 Richfield Rd, Flint, MI 48506
      View Details
    • $104,900
      1,218 SF

      Turnkey Restaurant Opportunity in Flint

      Fully equipped Chinese restaurant ready for immediate opening in Flint.
      2246 W Coldwater Rd, Flint, MI 48505
      View Details
    • Contact for pricing
      3,354 SF

      Flint Commercial Building Opportunity

      Commercial building with potential for various uses on 1.63 acres.
      2408 W Carpenter Rd, Flint, MI 48505
      View Details
    • $299,900
      5,202 SF

      Turn-Key Event Center on 20 Acres

      20-acre property with event center, kitchen, bar, and pavilion.
      4323 W Carpenter Rd, Flint, MI 48504
      View Details
    • $95,000
      2,800 SF

      Versatile Commercial Building on Corner Lot

      Adaptable 2,800 SF commercial building with high visibility.
      2549 Corunna Rd, Flint, MI 48503
      View Details
    • New
      $35,900
      2,100 SF

      Flint Commercial Building on Davison

      2,100 SF commercial building in high-visibility Flint location.
      3600 Davison Rd, Flint, MI 48506
      View Details
    • $109,900
      1,494 SF

      Renovated Medical Office Condo

      Completely renovated medical office condo in a busy location.
      4007 Court St W, Flint, MI 48532
      View Details
    • $209,888
      1,428 SF

      Turnkey Office Condo in Flint

      Updated 1,428 sq ft office condo with flexible layout.
      1117 Villa Linde Ct, Flint, MI 48532
      View Details

    FAQs

    What type of property is this?
    Retail space - Successful business, 4,488 SF, drive-thru.
    Where is this retail space located?
    The property is located at 4415 Corunna Rd Flint, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Free-standing retail building with I-75 visibility.; 23-space parking lot.; Excellent roof and HVAC systems.
    (248) 358-5361 Call to check price and availability
    Request Owner's contact information
    4415 Corunna Rd Flint, MI 48532
    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.
    4415 Corunna Rd
    Flint, MI 48532
    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
    4415 Corunna Rd Flint, MI 48532
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Bull
    Kevin Bull
    (248) 358-5361 (248) 895-9972
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!