5038 Miller Rd Flint, MI 48507
This exceptional 66,000 square foot shopping center, located at 5038 Miller Rd, Flint, MI 48507, presents a compelling investment opportunity. Built in 1991 and extensively renovated in 2020, the property sits on a sizable 10.91-acre lot and boasts a strong net operating income (NOI) of $408,164, yielding an attractive 12.18% cap rate. The asking price is $3,350,000. The property's Assumable Financing adds to its appeal. Detailed financial information is available upon request. The property's location in Genesee County, Michigan, offers excellent access to major transportation routes and a substantial consumer base. With its updated facilities and proven profitability, this shopping center represents a rare chance to acquire a well-established, high-performing retail asset. The property's APN is 07-29-679-006; 07-29-679-005; 07-29-679-004. This is an auction sale with a reserve price of $3,350,000.
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American Freight Furniture and Mattress Furniture & Home Goods Home Decor Store
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Nancy V. Ford, MSW Counselor
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Ollie's Bargain Outlet Discount Store
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Mancino's Pizza & Grinders Restaurant
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CSL Plasma Medical Clinic
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
Similar Nearby for Sale
Similar Nearby for Lease
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.