3701 Lapeer Rd Flint, MI 48503
- Commercial real estate
- 118,616 SF
- 8.05 lot acres
Current Use by Public Records
- Ashley Outlet / Children'S Furniture Store / Home Goods Store
- Ronald Killian / Pharmacy
- Stephanie Karrick / Pharmacy
- Eastridge Commons / Shopping Mall
Property Details for 3701 Lapeer Rd
- Year built
- 1990
- Lot size
- 8.05 lot acres
- Property size
- 118,616 SF
- Zone code
- D3
- Property type
- Commercial real estate
- APN
- 41-16-401-015
- APU
- 4116401015
Description
Eastridge Commons, a prominent retail shopping center located at 3701 Lapeer Rd in Flint, Michigan (Genesee County, zip code 48503), presents a significant investment opportunity. This multi-tenant property boasts a total building area of 148,897 square feet, with a substantial 153,706 square feet currently vacant. Eleven individual spaces are available, ranging in size from a minimum of 1,200 square feet to a maximum contiguous space of 72,334 square feet, offering flexibility for a variety of retail businesses. The property's prime location in Flint, Michigan provides excellent visibility and accessibility for customers. The property is classified as a retail shopping center, making it ideal for businesses seeking high foot traffic and a strong retail presence. This is a rare opportunity to acquire a large, well-located retail space in a growing market. The substantial vacant space presents a unique chance to customize the property to suit specific business needs and create a thriving retail environment. Detailed property information and lease terms are available upon request. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $710,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $670,000
- 6.5%
- $695,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $710,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $730,000
- Mixed-Use
- $805,000
- Hospitality
- $810,000
- Educational
- $710,000
- Residential Income
- $685,000
- Energy
- $640,000
- Income-Based Land
- $625,000
- Food Service
- $800,000
Location Insight
- Map
- Local Demand
- City
- Flint
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6382
- Latitude
- 43.0122
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA
