2479 Hl Rd Flint, MI 48507-3883
Property profile & analytics
2479 Hl Rd Flint, MI 48507-3883
- Drive through restaurants
- 1,895 SF
- 2.62 lot acres
Property ID
US43-0144789
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
- Taco Bell / Restaurant / Take-out & Catering
Property Details for 2479 Hl Rd
- Lot size
- 2.62 lot acres
- Property size
- 1,895 SF
- Zone code
- C-3
- Property type
- Drive through restaurants
- APN
- 15-11-100-009
- APU
- 1511100009
Description
This fee-simple ownership opportunity presents a newly constructed, 2,289 square-foot Starbucks in Flint, Michigan. The property boasts a 10-year net lease with four 5-year renewal options, providing long-term stability and minimal landlord responsibilities. The lease is corporately guaranteed by Starbucks, a credit-rated entity. Located on West Hill Road (16,400+ vehicles per day), this property benefits from high visibility and excellent access, situated across from a Meijer and near other national retailers. The 0.54-acre lot features drive-thru accessibility and outdoor seating. Rent increases by $2.00 per square foot every five years. The building, constructed in 2023, offers a 6.00% cap rate and a strong NOI of $107,583. Its proximity to US Highway 23 and Bishop International Airport further enhances its investment appeal. The asking price is $1,793,050, translating to $783.33 per square foot. This represents a compelling investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Flint
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7302
- Latitude
- 42.9435
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$0.00
$0.00
$236,300
-
$0.00
$0.00
$472,600
