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Expansive Dev Site with Frontage to I-69 6483 E Court St N 56.24 Acres of Commercial Land Online Auction Sale Burton, MI 48509
INVESTMENT HIGHLIGHTS
- Flexible 56.24-acre commercial development site, with prime frontage to Interstate 69 offering visibility to over 72,000 daily vehicles.
- Benefits from proximity to Downtown Flint (5.7 miles) as well as the Bishop International Airport (14 miles).
- Includes existing signage income of not less than $40,000 annually.
- Surrounded by household name retail brands such as Walmart, Meijer, Menards, Starbucks, McDonald’s, Subway, Taco Bell, and Wendy’s.
- Growing population of over 281,500 living within 10 miles, with an average income over $73,000 and annual consumer spending exceeding $2.8 billion.
- Absolute auction | Starting bid $1.
EXECUTIVE SUMMARY
Claim a prime development site off Interstate 69 in Burton, Michigan, offering flexibility for a wide range of commercial projects at 6483 E Court Street N. Spanning a total of 56.24 acres, this well-known location is the former site of the Miracle Twin Drive-In Theater, delivering significant recognition in the local market. The level lot comprises raw land, as well as a previously developed section for the theater. Importantly, existing signage on the property generates a minimum of $40,000 a year in licensing income, with a potential for future ownership to collect a further 20% of percentage rent from the licensee. The licensing agreement expires in March 2040, providing ownership stable immediate cash flow while they pursue additional redevelopment opportunities.
Situated just off E Court Street N, with direct exposure to Interstate 69, this high-traffic site can be seen by more than 72,000 daily passing vehicles. The location is easily accessible from the interstate, as well as from nearby Highway 15. E Court Street N provides a lively commercial corridor with a wealth of national retail brands such as Walmart Supercenter, Meijer, Menards, Tractor Supply Co., Dollar Tree, Starbucks, McDonald’s, Subway, Taco Bell, and Wendy’s. This vital corridor also connects the subject property directly to Downtown Flint in approximately 5.6 miles, providing access to the city’s largest traffic-driving attractions and employers.
In addition to robust cross-traffic from nearby amenities, the property is neighbored by a large residential community to the east, Centennial Farms, and Bentley Middle and High Schools to the west, delivering a dependable built-in audience of potential customers and clients. Drawing added traffic to the surrounding area, 6483 E Court Street N is within a short drive of top-rated golf courses, including Copper Ridge Golf Course, IMA Brookwood Golf Club, and Davison Country Club.
Supporting commercial activity in the area, 6483 E Court Street N benefits from a strong demographic profile when looking within a 10-mile radius. A growing population of more than 281,500 call the area home, with daytime employment figures exceeding 124,000. These locals wield an average household income of more than $73,600, contributing annual consumer spending of more than $2.8 billion during 2024.
Property listed by Kurt Kunst with NAI Wisinski of West Michigan - MI License # 6506038513.
Situated just off E Court Street N, with direct exposure to Interstate 69, this high-traffic site can be seen by more than 72,000 daily passing vehicles. The location is easily accessible from the interstate, as well as from nearby Highway 15. E Court Street N provides a lively commercial corridor with a wealth of national retail brands such as Walmart Supercenter, Meijer, Menards, Tractor Supply Co., Dollar Tree, Starbucks, McDonald’s, Subway, Taco Bell, and Wendy’s. This vital corridor also connects the subject property directly to Downtown Flint in approximately 5.6 miles, providing access to the city’s largest traffic-driving attractions and employers.
In addition to robust cross-traffic from nearby amenities, the property is neighbored by a large residential community to the east, Centennial Farms, and Bentley Middle and High Schools to the west, delivering a dependable built-in audience of potential customers and clients. Drawing added traffic to the surrounding area, 6483 E Court Street N is within a short drive of top-rated golf courses, including Copper Ridge Golf Course, IMA Brookwood Golf Club, and Davison Country Club.
Supporting commercial activity in the area, 6483 E Court Street N benefits from a strong demographic profile when looking within a 10-mile radius. A growing population of more than 281,500 call the area home, with daytime employment figures exceeding 124,000. These locals wield an average household income of more than $73,600, contributing annual consumer spending of more than $2.8 billion during 2024.
Property listed by Kurt Kunst with NAI Wisinski of West Michigan - MI License # 6506038513.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 56.24 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | C-2 - General Business District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 56.24 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | C-2 - General Business District |
1 LOT AVAILABLE
Lot
| Lot Size | 56.24 AC | Parcel Number | 59-12-400-002 |
| Lot Size | 56.24 AC |
| Parcel Number | 59-12-400-002 |
SALE ADVISORS
SALE ADVISORS
Justin Smith, Head of Capital Markets
Justin is the Head of Capital Markets for Atlantic Capital Partners, where he is responsible for overseeing all transactional activity for the firm. In addition to managing and expanding the Capital Markets platform for Atlantic, Justin also provides advisory services throughout the northeast. Responsible for coordinating retail investment sales throughout the country, he’s been involved with the sale over $3.5B in transactions. Prior to joining Atlantic, he was a Senior Managing Director at Newmark where he was on a team that consistently served as the top retail investment sales group in New England. An active industry leader, he is a member of the Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), Real Estate Finance Association (REFA) and NAIOP.
Outside of the office, Justin currently serves as the Chairman of the Advisory Board that oversees the NICU and Woman’s Health Departments at Brigham and Women’s Hospital. He also serves on the advisory board of The Real Estate Council of Boston College and the Friends of Colby Football board. Justin earned a Master of Business Administration degree from Boston College’s Wallace E. Carroll Graduate School of Management and a Bachelor of Arts degree in economics from Colby College. He resides in Dedham, Massachusetts, with his wife Colette, who is a middle school administrator at Noble and Greenough School, along with their twin boys.olby College.
Outside of the office, Justin currently serves as the Chairman of the Advisory Board that oversees the NICU and Woman’s Health Departments at Brigham and Women’s Hospital. He also serves on the advisory board of The Real Estate Council of Boston College and the Friends of Colby Football board. Justin earned a Master of Business Administration degree from Boston College’s Wallace E. Carroll Graduate School of Management and a Bachelor of Arts degree in economics from Colby College. He resides in Dedham, Massachusetts, with his wife Colette, who is a middle school administrator at Noble and Greenough School, along with their twin boys.olby College.
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AUCTION CONTACT
Taylor Cunningham
Contact
Auctioneer License:
Ten-X, LLC Arlene Richardson RE Brkr 6505431586
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MATTERPORT 3D EXTERIOR
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PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Expansive Dev Site with Frontage to I-69 | 6483 E Court St N
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