Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3110 Miller Rd Flint, MI 48532
    Back to Search
    Property profile & analytics

    3110 Miller Rd Flint, MI 48532

    View on Map
    • Retail properties & Spaces
    • 1,700 SF
    • 0.67 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3110 Miller Rd

    Year built
    1988
    Lot size
    0.67 lot acres
    Property size
    1,700 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 1,700 square foot retail space, located at 3110 Miller Rd in Flint, Michigan, is available for $850,000. Built in 1988, the property sits on a 0.67-acre lot and is zoned CLASS C. Currently vacant, this single-tenancy building offers a fantastic opportunity for a variety of retail businesses. The property boasts a highly desirable location, just off I-75 North exit, providing exceptional visibility and accessibility. Its proximity to key areas like the Genesee Valley Mall and Bishop International Airport further enhances its appeal. With over 40,000 vehicles passing daily on I-75 North/South, this location offers significant traffic exposure. The asking price is $850,000, translating to $500 per square foot. The lease type is NNN (Net, Net, Net). This property presents a compelling investment opportunity in a high-traffic retail corridor. The 48532 zip code ensures easy access to a substantial customer base. Don't miss this chance to secure a prime retail location in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7366
    Latitude
    42.9911

    Comparable in this City

    • Value Estimation by Request
      52,243 SF

      2113-2125 Linden Rd

      Neighborhood centers • 52,243 SF
      2113-2125 Linden Rd, Flint, MI 48532
      View Details
    • Value Estimation by Request
      9,720 SF

      5331 Corunna Rd

      Individual retail properties • 9,720 SF
      5331 Corunna Rd, Flint, MI 48532
      View Details
    • Value Estimation by Request
      1,000 SF

      3110 Miller Rd

      Restaurants • 1,000 SF
      3110 Miller Rd, Flint, MI 48532
      View Details
    • Value Estimation by Request

      1117 Professional Dr

      COMMERCIAL (GENERAL)
      1117 Professional Dr, Flint, MI 48532-3636
      View Details
    • Value Estimation by Request

      1327 Elms Rd

      COMMERCIAL (GENERAL)
      1327 Elms Rd, Flint, MI 48532-2030
      View Details
    • Value Estimation by Request

      3455 Arlene Dr

      COMMERCIAL (GENERAL)
      3455 Arlene Dr, Flint, MI 48532-4602
      View Details

    Similar Nearby for Sale

    • $499,000
      9,720 SF

      9,720 SF Retail Building

      Retail building with prime exposure, available for sale or lease.
      5331 Corunna Rd, Flint, MI 48532
      View Details
    • $650,000
      0.59 Acres

      Prime Commercial Land in Flint

      High-visibility commercial land for sale in a high-traffic area.
      4129 Corunna Rd, Flint, MI 48532
      View Details
    • $699,999
      10,956 SF

      Redevelopment Opportunity on 2.5 Acres

      Versatile property with redevelopment potential, catering, community service, investment.
      4138 Corunna Rd, Flint, MI 48532
      View Details
    • $499,000
      3,500 SF

      Turn-Key Restaurant Opportunity in Flint

      Restaurant and real estate for sale in a high-traffic location.
      4018 Corunna Rd, Flint, MI 48532
      View Details
    • Contact for pricing
      2,520 SF

      Commercial Property with High Traffic

      Commercial property with high traffic, near shopping and restaurants.
      1484 Ryan St, Flint, MI 48532
      View Details
    • Contact for pricing

      Retail Outlot Opportunity Near Sam's

      Outlot available for sale in front of Sam’s Club.
      4373 Corunna Rd, Flint, MI 48532
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,150 SF

      Retail Space in Dense Corridor

      2,150 SF retail space in a high-traffic location.
      4424 Corunna Rd, Flint, MI 48532
      View Details
    • Contact for pricing
      3,950 SF

      Retail Spaces on Linden Road

      Retail spaces available near major expressways and retailers.
      2095 S Linden Rd, Flint, MI 48532
      View Details
    • Contact for pricing

      Corunna Road Commercial Space Available

      Commercial property available for rent on Corunna Road.
      5331 Corunna Rd, Flint, MI 48532
      View Details
    • Contact for pricing
      1,550 SF

      Retail Spaces on Linden Road

      Retail spaces available near major expressways and retailers.
      2117 S Linden Rd, Flint, MI 48532
      View Details
    Request Owner's contact information
    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.
    3110 Miller 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
    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

    Thank You for Inquiry
    3110 Miller Rd, Flint, MI, 48532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!