Financial
Distress signals
Property profile

2838 E Court St Flint, MI 48506

FOR SALE
Other commercial real estate
Property ID
US43-0487598
19,272 SF 2.06 ac lot Built 1957
Last sale Mar 2011 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This shopping center was built in 1957 and is configured as a full-building property for potential sale or leasing. It includes off-street parking and offers pylon signage for visibility from surrounding roadways. The center is located in the southeast quadrant of the intersection of East Court Street and Dort Highway, with access from both thoroughfares, and sits between downtown Flint and the Burton retail area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$583k
Effective rate2.43%

Value estimate

· Sep 2026
$990k
$891k – $1.09M
Submarket $/SF estimate$992k
NOI build-up
Gross scheduled income$298k
Vacancy & credit loss−$13k
Operating expenses−$86k
NOI · 20.01% cap applied$200k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$37/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$18 – $63
Qualifying comparables4

Cap rate analysis

How does the asset earn?
20.01%
$200k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
D3
JurisdictionGENESEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.5
Law Firm19.7
Dental Office15.7

Location

2838 E Court St Flint, MI 48506
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4026 Dort, Flint, MI 48506-2333 $490,071 Jul 2025 11,000 SF
600 Virginia, Flint, MI 48506-4146 $289,800 Apr 2025 12,860 SF
1444 Davison, Flint, MI 48506-3510 $75,000 Apr 2025 8,800 SF
408 Ctr, Flint, MI 48506-4128 $1,250,000 Mar 2025 9,840 SF
3202 Ct, Flint, MI 48506-4023 $662,500 Mar 2025 25,494 SF
2118 Lewis, Flint, MI 48506-3219 $70,000 Dec 2024 14,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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