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    5151 Gateway Ctr Flint, MI 48507

    For Sale
    $799,900

    Medical Office Building, Excellent Location, High Demand

    Property size:
    2,630 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,630 square foot industrial property, situated on a half-acre lot at 5151 GATEWAY in Flint, MI, presents a compelling investment opportunity. Currently operating as a well-maintained medical office, this building boasts a strong 8.2% capitalization rate, making it an attractive prospect for savvy investors. The property's prime location, conveniently situated off US-75 and Hill Road, ensures high visibility and accessibility. The interior features five exam rooms, each equipped with sinks, a dedicated storage room, an X-ray room, a private doctor's office, two restrooms, and a spacious waiting area designed to welcome patients. Recent upgrades include brand new air conditioning and carpeting throughout, enhancing both comfort and aesthetics. Ample on-site parking is available for patients and staff. The current lease is a gross lease at $28 per square foot, providing a stable income stream. This turnkey medical office building is ready for immediate occupancy and offers significant potential for continued growth and profitability in a high-demand business district. The property's combination of strong financials, desirable location, and recent renovations makes it an ideal investment for those seeking a high-return asset in a thriving market.

    Property Features for 5151 Gateway Ctr

    General Information

    Property type
    Industrial properties
    Square Feet
    2,630 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.72022
    Latitude
    42.94857

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    FAQs

    What type of property is this?
    Industrial property - Medical Office Building, Excellent Location, High Demand
    Where is this industrial property located?
    The property is located at 5151 Gateway Ctr Flint, MI.
    What is the asking price?
    The asking price for this property is $799,900.
    (810) 244-6302
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    5151 Gateway Ctr Flint, MI 48507
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    Flint, MI 48507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5151 Gateway Ctr Flint, MI 48507
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