Dental Medical Office with
3066 Davenport Ave, Saginaw, MI 48602
For Sale
$750,000
A freestanding dental facility includes six treatment stations and an onsite lab, with furnishings and equipment conveyed.
Property Size2,400 SF
Price / SF$312.50
Days on Market10
Property Features for 3066 Davenport Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Space & Availability
Condition
Furnished
Additional Details
Business Included
Road Access
Currently Operating
Property Use
Medical Specialty
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Keller Williams Living
Listed By:
Brigs Lulaj · License #6501448878
(586) 443-1618
Source:
Cpix.resimplifi
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 6 at 5:25AM
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 Living
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Investment Insights
Based on property information with market context.
This 2,400-square-foot standalone medical office is configured for dental operations, with six patient exam chairs and an onsite laboratory. The sale includes the practice’s equipment, furniture, and fixtures. Built in 1972, the property is zoned RO-1 and has a private 14-space parking area for patients and staff.
The building is on Davenport Avenue in Saginaw. Nearby context includes professional service providers, residential neighborhoods, and schools. The dental practice has served the community for more than 20 years, pairing an established operating history with a facility equipped for dental care.
The building is on Davenport Avenue in Saginaw. Nearby context includes professional service providers, residential neighborhoods, and schools. The dental practice has served the community for more than 20 years, pairing an established operating history with a facility equipped for dental care.
Key Highlights
- 2,400‑square‑foot standalone medical office
- Six patient exam chairs and an onsite dental laboratory
- Private parking lot with 14 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,490
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,800
$469.8K
Cap Rate 7%
$335,571
$335.6K
Cap Rate 9%
$261,000
$261.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$4.7K −$1.95/SF
EGI
$31.3K $13.05/SF
− OpEx
−$7.8K −$3.26/SF
NOI
$23.5K $9.79/SF
Area
Saginaw County, MI
Vacancy
13.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,800
Cap Rate 7%
$335,571
Cap Rate 9%
$261,000
Alternative Uses
Best Use
Office B
$335.6K
$293.6K – $391.5K
NOI $23,490 @ 7.0% cap · market cap 3.13%
Second Best
Healthcare Medical
$259.5K
$227.1K – $302.8K
NOI $18,165 @ 7.0% cap · market cap 2.42%
Theoretical Best
Specialty Retail
$443.4K
$388.0K – $517.3K
NOI $31,039 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48602, MI
27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Saginaw, MI
Properties on Market for Medical Office Space in Saginaw
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Mid-Michigan Veterinary Hospital — 3304 Davenport Ave, Saginaw, MI 48602
- Brinker Danielle DVM — 3304 Davenport Ave, Saginaw, MI 48602
- Agawa Companion Animal Hospital — 2737 davenport ave, saginaw, mi 48602
Frequently Asked Questions
What type of property is this?
Medical Office Space - A freestanding dental facility includes six treatment stations and an onsite lab, with furnishings and equipment conveyed.
Where is this medical office space located?
The property is located at 3066 Davenport Ave Saginaw, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,400‑square‑foot standalone medical office; Six patient exam chairs and an onsite dental laboratory; Private parking lot with 14 spaces
