5163 Commerce Rd Flint, MI 48507-2945
- Commercial real estate
- 7,518 SF
- 1.00 lot acres
Current Use by Public Records
- Total Project Management Group LLC / Consultant
Property Details for 5163 Commerce Rd
- Year built
- 1999
- Lot size
- 1.00 lot acres
- Property size
- 7,518 SF
- Property type
- Commercial real estate
- APN
- 07-32-526-038
- APU
- 732526038
Description
This exceptional 7,518-square-foot industrial warehouse, located at 5163 Commerce Rd in Flint, Michigan, presents a unique investment opportunity. Built in 1999, this property sits on a one-acre lot and offers convenient access to I-69 and I-75 via Bristol Road. The warehouse boasts a 20-foot clear ceiling height, ideal for various industrial uses. A single 12x14 grade-level door provides easy access for loading and unloading. Inside, you'll find two unit heaters for efficient climate control. Ample parking is available with 23 spaces. The property also includes approximately 1,518 square feet of office space, featuring large offices, a conference room, a lounge area, three bathrooms, and a kitchen. This is the only industrial building for sale under 10,000 square feet in Flint Township, making it a highly sought-after asset. The asking price is $750,000, translating to $99.76 per square foot. The property's APN is 07-32-526-038. This well-maintained building offers a blend of warehouse and office space, making it suitable for a variety of businesses. Don't miss this chance to own a prime industrial property in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $700,000
- 6.5%
- $670,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $595,000
- Retail
- $755,000
- Mixed-Use
- $750,000
- Hospitality
- $645,000
- Educational
- $760,000
- Residential Income
- $660,000
- Energy
- $580,000
- Income-Based Land
- $600,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Flint
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7785
- Latitude
- 42.9705
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA