Remodeled Office in Villa Linde

1134 S Linden Rd Flint, MI 48532

Claim this Listing
For Sale
$239,900

Immaculate office space suitable for various professional uses.

Type:Commercial/Industrial
Property size:
1,928 SF
Lot size:
0.10 Acres
Price / SF:
$124/SF
Added:
Apr 3, 2023
Days on Market:
1196
Last Refresh:
May 20 at 2:23 am

Property Features for 1134 S Linden Rd

General Information

Standard status
Active
Size
1,928 SF
Lot size
0.10 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1974

Listing office Keller Williams First

Listing date Apr 3, 2023

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams First


Investment Insights

Based on property information with market context.

Located in Villa Linde Campus, this office space was completely remodeled in 2019. The property is suitable for general office use or a medical office. The layout includes a reception area, three rooms, a kitchen equipped with a refrigerator and microwave, and two offices. The monthly association fee is $452, covering exterior building maintenance, lawn care, snow removal, group building insurance, and parking lot maintenance. The property offers 1928 square feet of space.

Key Highlights

  • Completely remodeled in 2019
  • Suitable for office space, medical office, and more
  • Includes reception area, 3 rooms, kitchen, and 2 offices

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.9k $17.04
− Vacancy −$4.5k −$2.35
EGI $28.3k $14.69
− OpEx −$7.1k −$3.67
NOI $21.2k $11.02
1,928 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$312.3K
$273.3K – $364.4K (±1% cap)
NOI $21,864 @ 7.0% cap · market cap 9.11%
Second Best
Office B
$303.4K
$265.5K – $354.0K (±1% cap)
NOI $21,240 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$405.7K
$355.0K – $473.3K (±1% cap)
NOI $28,399 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rogers-Grays Brenda DO Pediatrician SS Media Productions ... Recording Studio SS Technologies and Solutions Media Distribution

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Parking Lot & Garage Auto Parts Store Kitchen & Bath Showroom Garden Center Restaurant

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

FAQs

What type of property is this?
Office units - Immaculate office space suitable for various professional uses.
Where is this office units located?
The property is located at 1134 S Linden Rd Flint, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Completely remodeled in 2019; Suitable for office space, medical office, and more; Includes reception area, 3 rooms, kitchen, and 2 offices
Contact an agent
More about this property
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