3713 Clio RdFlint, MI 48504

  • Commercial real estate
  • 2,352 SF
For Sale
$200,000 View listing

Property Details for 3713 Clio Rd

Year built
1962
Lot size
0.10 AC
Property size (Sq ft)
2,352 SF
Property type
Commercial real estate
APN
46-35-351-006
APU
4635351006

Description

This exceptional 2,352 square foot storefront property, located at 3713 Clio Road in Flint, Michigan, presents a compelling investment opportunity. Built in 1962, this single-story building sits on a 0.1-acre lot and is zoned for commercial use. The asking price is $200,000, translating to a price per square foot of $85. The property boasts a strong net operating income (NOI) of $15,000, making it an attractive prospect for investors seeking a stable return. The property's location in Genesee County, Michigan, zip code 48504, offers convenient access to major thoroughfares and a robust customer base. A major tenant, Metro Cell, currently occupies the space, providing a reliable income stream. The property's APN is 4635351006. This is a privately owned property, not a short sale. This is a rare opportunity to acquire a well-located, income-producing retail storefront in a thriving Michigan market. The property's solid construction and established tenancy make it an ideal investment for both seasoned and new investors. Don't miss this chance to secure a valuable asset in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $460,861
    Hospitality
    $422,146
    Educational
    $351,221
    Medical
    $363,300
    Retail
    $546,343

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.0488
Longitude
-83.7331
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
2023
$3,091
-
-
$57,700
-
-
-
$115,400

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