4918 Clio RdFlint, MI 48504

  • Commercial real estate
  • 3,030 SF
For Sale
$89,900 View listing

Property Details for 4918 Clio Rd

Year built
1956
Lot size
0.24 AC
Property size (Sq ft)
3,030 SF
Property type
Commercial real estate
APN
46-35-102-010
APU
4635102010

Description

This exceptional investment opportunity presents a 3,030 square foot mixed-use building located at 4918 Clio Rd, Flint, Michigan, 48504. Built in 1956, this single-story property sits on a 0.24-acre lot and is zoned for commercial use. The asking price is $89,900, translating to a price per square foot of $29.67. The building offers separately metered spaces, making it ideal for a variety of businesses. Potential uses include, but are not limited to, insurance agencies, tax services, medical offices, cell phone retailers, hair and nail salons, and legal practices. The flexible layout allows for the possibility of renting one space while occupying the other. A five-year lease term is available. This property presents a compelling investment opportunity with a significant price reduction and attractive financing options. The land contract terms include a $25,000 down payment, 10% interest, a $1,000 monthly payment, and a five-year balloon payment. The property's location in Genesee County provides convenient access to local amenities and a strong customer base. Don't miss this chance to acquire a well-positioned commercial property in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $593,711
    Hospitality
    $543,836
    Educational
    $452,466
    Medical
    $468,026
    Retail
    $703,835
4918 Clio Rd, Flint, Michigan

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.0589
Longitude
-83.7327
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
2022
$1,971
-
-
$49,000
-
-
-
$98,000

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