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    2710 Court St Flint, MI 48503

    Sponsored
    For Sale
    $525,000

    Mixed-use investment opportunity, high visibility.

    Property size:
    16,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, Glendale Hills Suites, presents a compelling investment opportunity in Flint, Michigan. Located at 2710 W Court St, this highly visible building sits at the corner of Court and Bradley Streets, offering excellent exposure. The 16,720 square foot building, constructed in 1968, features 16 individual suites, each with convenient ground-level access and separately metered gas and electric. This ensures efficient utility management and potential for individual tenant billing. Ample parking is available for tenants and visitors, enhancing the property's appeal. Security is further enhanced by recorded video surveillance. Recent improvements include a new roof installed in 2022 and updated front entry overhead siding in 2023, demonstrating proactive maintenance and enhancing curb appeal. The property boasts a 6.05% cap rate, a $36,282 NOI, and is currently 70% occupied, presenting immediate income and potential for future growth. The asking price is $525,000, translating to $31.40 per square foot. The property is classified as Class C and is offered for sale by owner. The APN is 40-14-332-027. This turnkey investment is ideal for a savvy investor seeking a strong return in a desirable location. The property's diverse suite configuration caters to a variety of tenants, including medical offices, storefronts, and traditional office spaces. This presents a unique opportunity to acquire a well-maintained, income-producing asset with significant upside potential.

    Property Features for 2710 Court St

    General Information

    Property type
    Individual retail properties
    Square Feet
    16,720 SF
    Class
    C

    Building Details

    Year Built
    1968
    Buildings
    1
    Units
    16

    HighLights

    • $525,000 asking price for a 16,720 square foot mixed‑use property in Flint, MI.
    • Class C building with 16 units, 70% occupancy, and a 6.05% cap rate.
    • $36,282 Net Operating Income (NOI) and a price per square foot of $31.40.
    • Built in 1968, featuring a new roof (2022) and updated entry siding (2023).
    • Located at 2710 W Court St, Flint, MI 48503, with ample parking and video surveillance.
    • For sale by owner, held by an LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Standridge Ellie Nursing Agency Yonna B. Collections Make-Up Artist Wealthy Wigs and Extensions ... Wig Shop Skinny Girl Attitude Children'S Clothing Store True Royalty Extensions Hair Extensions Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7248569
    Latitude
    43.0072938

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    FAQs

    What type of property is this?
    Individual retail property - Mixed-use investment opportunity, high visibility.
    Where is this individual retail property located?
    The property is located at 2710 Court St Flint, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price for a 16,720 square foot mixed-use property in Flint, MI.; Class C building with 16 units, 70% occupancy, and a 6.05% cap rate.; $36,282 Net Operating Income (NOI) and a price per square foot of $31.40.
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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
    2710 Court St Flint, MI 48503
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