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    3026 Flushing Rd Flint, MI 48504
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    3026 Flushing Rd, Flint, MI 48504

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    • Commercial real estate
    For Sale
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    Flint Commercial/Industrial Opportunity For Sale
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    4,480 SF

    Flint Commercial/Industrial Opportunity

    Commercial/Industrial building with garage door access in Flint, Michigan.

    3026 Flushing, Flint, MI 48504
    View Listing
    Property ID
    US43-0900767
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3026 Flushing Rd

    Property type
    Commercial real estate

    Description

    This exceptional 0-unit commercial property, located at 3026 Flushing Road in Flint, Michigan, presents a unique opportunity for entrepreneurs and investors. Priced at $49,999, this special-purpose land parcel offers significant potential for redevelopment. Previously occupied by a dry cleaner's business, the site is ready for a complete transformation. The property is situated in Genesee County, Michigan, with a convenient zip code of 48504. Its precise coordinates are 43.0256707 latitude and -83.7351731 longitude. Currently, utilities are not active, providing a blank canvas for the new owner to customize infrastructure to suit their specific business needs. This presents a rare chance to create a bespoke commercial space tailored to individual requirements, from the ground up. The property's prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. This is a truly exceptional opportunity to capitalize on a prime location and create a thriving business. The asking price represents a compelling investment opportunity in a rapidly developing area. Don't miss this chance to shape the future of this valuable commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7351731
    Latitude
    43.0256707

    Comparable in this City

    • Contact for pricing
      Pending

      Commercial Property on Flushing Road

      Commercial property available for sale on Flushing Road.
      2776 Flushing Rd, Flint, MI 48504
      View Details
    • $700,000

      Established Barber College For Sale

      Turn-key barber college, ideal for continued educational use.
      3214 Flushing Rd, Flint, MI 48504
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      3,196 SF

      Freeway Visible Drive-Thru Restaurant

      Newly renovated drive-thru restaurant with high freeway visibility.
      4335 W Pierson Rd, Flint, MI 48504
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    • $700,000
      7,959 SF

      Established Barber College in Flint

      Turn-key barber college, ideal for continued educational use.
      3214 Flushing Rd, Flint, MI 48504
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    • Contact for pricing
      Pending

      Commercial Property on Ballenger Highway

      Commercial property available for sale, featuring 11,100 square feet.
      1124 N Ballenger Hwy, Flint, MI 48504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Commercial Property on Flushing Road

      Commercial property available for sale on Flushing Road.
      2776 Flushing Rd, Flint, MI 48504
      View Details
    • $700,000

      Established Barber College For Sale

      Turn-key barber college, ideal for continued educational use.
      3214 Flushing Rd, Flint, MI 48504
      View Details
    • Contact for pricing
      3,196 SF

      Freeway Visible Drive-Thru Restaurant

      Newly renovated drive-thru restaurant with high freeway visibility.
      4335 W Pierson Rd, Flint, MI 48504
      View Details
    • $700,000
      7,959 SF

      Established Barber College in Flint

      Turn-key barber college, ideal for continued educational use.
      3214 Flushing Rd, Flint, MI 48504
      View Details
    • Contact for pricing
      Pending

      Commercial Property on Ballenger Highway

      Commercial property available for sale, featuring 11,100 square feet.
      1124 N Ballenger Hwy, Flint, MI 48504
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      Pending

      Retail/Bank Space on Pierson Road

      4,660 SF retail/bank space with high traffic frontage.
      4346 W Pierson Rd, Flint, MI 48504
      View Details
    • Contact for pricing
      9,480 SF

      Retail Center Space Available

      Retail space for lease in a busy shopping center.
      3402-3434 Flushing Rd, Flint, MI 48504
      View Details
    • $9,000 /Mo

      Spacious Industrial Warehouse for Lease

      27,000 SF warehouse with loading dock available for lease.
      4120 W Pierson Rd, Flint, MI 48504
      View Details
    • $4,500 /Mo
      50,094 SF

      Retail/Bank Space on Pierson Road

      4,660 SF retail/bank space for lease on busy Pierson Road.
      4346 W Pierson Rd, Flint, MI 48504
      View Details
    View Listing
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    Flint, MI 48504
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    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
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