Furnished Office
For Sale
$209,888
16-1117 Villa Linde Ct, Flint, MI 48532
Four private workspaces, a conference room, and existing sink plumbing support office or medical use.
Property Size1,428 SF
Price / SF$146.98
Days on Market15
Property Features for 16-1117 Villa Linde Ct
General Information
Standard status
Active
Size
1,428 SF
Space & Availability
Condition
Turnkey
Furnished
Yes
Additional Details
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,254
Listing Agency:
Outlier Real Estate LLC
Listed By:
Quinton Foster
(810) 730-6205
Source:
Exprealty
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 28 at 11:27AM
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 Outlier Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,428-square-foot office unit is arranged with four private offices, a conference room, a kitchen, and three bathrooms. The largest office has its own bathroom, while two additional bathrooms serve the rest of the suite. Sinks are plumbed in each office, and the kitchen includes a microwave, refrigerator, and dishwasher.
The space is furnished and equipped with internet, phones, and a printer. Secure exterior doors are also in place. The existing layout and plumbing accommodate office or medical use.
The space is furnished and equipped with internet, phones, and a printer. Secure exterior doors are also in place. The existing layout and plumbing accommodate office or medical use.
Key Highlights
- 1,428‑square‑foot office condominium
- Four private offices, conference room, kitchen, and three bathrooms
- Each office has sink plumbing; largest office includes a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,194
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,880
$323.9K
Cap Rate 7%
$231,343
$231.3K
Cap Rate 9%
$179,933
$179.9K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$30.8K $21.60/SF
− Vacancy
−$3.9K −$2.70/SF
EGI
$27.0K $18.90/SF
− OpEx
−$10.8K −$7.56/SF
NOI
$16.2K $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 Rate 5%
$323,880
Cap Rate 7%
$231,343
Cap Rate 9%
$179,933
Alternative Uses
Best Use
Healthcare Medical
$231.3K
$202.4K – $269.9K
NOI $16,194 @ 7.0% cap · market cap 7.72%
Second Best
Office B
$224.7K
$196.6K – $262.2K
NOI $15,731 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$300.5K
$262.9K – $350.6K
NOI $21,034 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office unit - Four private workspaces, a conference room, and existing sink plumbing support office or medical use.
Where is this office unit located?
The property is located at 16-1117 Villa Linde Ct Flint, MI.
What is the asking price?
The asking price for this property is $209,888.
What are key features of this property?
This property features: 1,428‑square‑foot office condominium; Four private offices, conference room, kitchen, and three bathrooms; Each office has sink plumbing; largest office includes a private bathroom
