3452-3466-3480 Elms Flushing, MI 48433
This exceptional 10.9-acre commercial property in Flushing, MI, presents a unique investment opportunity. The site boasts 494 feet of frontage on Elms Road, offering unparalleled visibility and accessibility. The property comprises three parcels sold together: a 0.9-acre vacant lot (3452 Elms), a 0.9-acre lot with a currently rented single-family home generating $875 per month plus utilities (3466 Elms), and a substantial 9.1-acre vacant commercial lot (3480 Elms). The combined total square footage is 1,342. This prime development location sits directly across from a Kroger grocery store and is conveniently situated behind Speedway gas station, Wendy's, and Chase Bank, ensuring high traffic and excellent exposure. The property is zoned C-2, with smaller parcels zoned residential, providing flexibility for various development scenarios. A land contract option is available with a $200,000 down payment, a 5-year term, a 7.75% interest rate, and monthly payments of $6,000. Credit approval by the seller is required. A survey is available for review at the listing office/document box. This is an ideal opportunity for developers or investors seeking a high-traffic, well-located property with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.