Medical Office Suite with Exam
New
For Sale
$400,000
5084 Villa Linde Parkway, Flint, MI 48532
Commercially zoned clinic layout with dedicated treatment, administrative, staff, and patient areas.
Property Size3,066 SF
Days on Market4
Property Features for 5084 Villa Linde Parkway
General Information
Standard status
Active
Size
3,066 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$9,597
Building Details
Building Size
3,066 SF
Year Built
2005
Listing Agency:
Inca Realty, LLC
(810) 244-6302
Listed By:
Lina Aboughanem · License #386172
Source:
Thebrokeragehouse
Added: Aug 20
Changed: Aug 22
Last Checked: Aug 22 at 2:26PM
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 Inca Realty, LLC
Investment Insights
Based on property information with market context.
Built in 2005, this medical office suite offers a purpose-built clinical layout with 6 exam rooms, each fitted with a sink. A circular corridor organizes movement between treatment and support areas, while 2 private offices, multiple workstations, a kitchenette, and a storage room accommodate administrative and staff functions. The suite also includes a generous reception and waiting area, a patient restroom, and a separate rear employee entrance.
The property is located at 5084 Villa Linde Parkway in Flint, Michigan, and is designated Commercial zoning. On-site parking is included, supporting patient and staff access. The configuration provides a complete medical-office setting with distinct clinical, front-of-house, and back-of-house areas.
The property is located at 5084 Villa Linde Parkway in Flint, Michigan, and is designated Commercial zoning. On-site parking is included, supporting patient and staff access. The configuration provides a complete medical-office setting with distinct clinical, front-of-house, and back-of-house areas.
Key Highlights
- 6 exam rooms, each equipped with a sink
- Circular corridor layout supports movement through the clinic
- 2 private offices plus multiple workstations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,768
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,360
$695.4K
Cap Rate 7%
$496,686
$496.7K
Cap Rate 9%
$386,311
$386.3K
Market Conditions
NOI Build-Up for 3,066 SF
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.
Gross rent
$66.2K $21.60/SF
− Vacancy
−$8.3K −$2.70/SF
EGI
$57.9K $18.90/SF
− OpEx
−$23.2K −$7.56/SF
NOI
$34.8K $11.34/SF
Area
Genesee County, MI
Vacancy
12.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,360
Cap Rate 7%
$496,686
Cap Rate 9%
$386,311
Alternative Uses
Best Use
Healthcare Medical
$496.7K
$434.6K – $579.5K
NOI $34,768 @ 7.0% cap · market cap 8.69%
Second Best
Office B
$482.5K
$422.2K – $562.9K
NOI $33,776 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$645.2K
$564.5K – $752.7K
NOI $45,162 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48532, MI
19,247
Population
9,093
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
88%
High-School Grad
16.0 sq mi
ZIP Area
1,203
Density / Sq Mi
$58,118
Median Household Income
$34,361
Median Earnings
$929
Median Rent
$157,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercially zoned clinic layout with dedicated treatment, administrative, staff, and patient areas.
Where is this medical office space located?
The property is located at 5084 Villa Linde Parkway Flint, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 6 exam rooms, each equipped with a sink; Circular corridor layout supports movement through the clinic; 2 private offices plus multiple workstations
