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Property profile & analytics

4488 Corunna Rd Flint, MI 48532-4322

  • Commercial real estate
  • 6,880 SF
  • 0.97 lot acres
OFF-MARKET
Last Sale
Feb 06, 2023
$780,000
Value Estimations
$725,000
Show details
Cap Rate Potential
8.6%
Commercial real estate
Location Intelligence
Property ID
US43-0851873
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.

Current Use by Public Records

  • Township Car Wash & Valvoline Express Care / Car Wash

Property Details for 4488 Corunna Rd

Year built
1986
Lot size
0.97 lot acres
Property size
6,880 SF
Property type
Commercial real estate
APN
07-16-300-075
APU
716300075

Description

This exceptional turn-key car wash and oil change business in Flint, Michigan, presents a lucrative investment opportunity. Located at 4488 Corunna Rd, 48532, this 6,880 square foot facility boasts state-of-the-art equipment and systems. Its prime location near major retailers like Home Depot, Walmart, Sam's Club, and Walgreens, and adjacent to a high-volume Speedway gas station, ensures high visibility and consistent customer traffic. The business benefits from a loyal customer base, experienced staff, and a proven track record of consistent revenue streams from oil changes, car washes, and additional services. The asking price is $1,299,900, translating to $188.94 per square foot. This established business offers recurring revenue from regular customers and significant potential for growth through service expansion and increased average ticket prices. The strong brand reputation and reliable operations make this a compelling investment in a growing market. This is a rare opportunity to acquire a well-established and profitable business with excellent growth potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $770,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,095,000
    6.5%
    $1,010,000
    7%
    $940,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $503,000
    Market price range: $210k - $686k
    AI Estimate
    $503,000
    Market price range: $210k - $686k

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


Location Insight

  • Map
  • Local Demand
City
Flint
County
Genesee
State
Michigan
Longitude
-83.7714
Latitude
43.0025
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
2021
$12,282
$0.00
$0.00
$372,100
-
$0.00
$0.00
$744,200
More about this property
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