Custom Designed Medical Office
4884 Berl Dr, Saginaw, MI 48604
Custom-designed medical office building with conversion potential in Kochville Township.
Type:Office
Property size:
4,618 SFLot size:
0.80 AcresPrice / SF:
$128/SF- Added:
- Mar 9, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 19 at 10:01 pm
Property Features for 4884 Berl Dr
General Information
- Standard status
- Active
- Size
- 4,618 SF
- Lot size
- 0.80 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing agent Gretchen Witherspoon License #MI 6501316390
Listing office Trademark Commercial Group (989) 792-2192
Listing date Mar 9, 2026
Source Crexi
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 Trademark Commercial Group
HighLights
- Custom‑designed medical office building with attractive architecture and convenient access to I‑675 and Tittabawassee Rd.
- Spacious 4,618 SF first floor featuring multiple exam rooms, offices, lab areas, and a large open space.
- B‑4 Zoning allows for flexible use, including potential conversion to general office space.
- Ample parking with 30+ spaces and underground storm water detention.
- Includes a 1,580 SF basement with front and rear access.
- Monument sign provides excellent visibility.
Overview
Located in Kochville Township, this architecturally attractive office building on Berl Drive offers convenient access to I-675 and Tittabawassee Rd. Originally custom-designed and built as a medical facility in 1991, the property features a 4,618 square foot first floor. The layout includes three closed-door exam rooms, three general offices, and two lab areas, one of which was formerly a garage. A large open space in the center of the building could be converted into two additional rooms. The first floor also includes a spacious billing and reception area, as well as a generous waiting area. Additionally, there is a 1,580 square foot basement with front and rear access. Situated on approximately 0.801 acres with B-4 Zoning, the property has at least 30 parking spaces located around the side and back of the building, with underground detention for storm water under the parking lot. A monument sign provides visibility. While previously used as a medical office, the building could be converted to general office use. The 2025 winter taxes are $3,555.02, and the 2025 summer taxes are $8,378.70. The price reflects some deferred maintenance for the buyer to improve under their specifications. The property is near retail and other office users.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$502.2K
NOI $45,199 @ 9.00% cap · cautious / downside scenario
Moderate
$645.7K
NOI $45,199 @ 7.00% cap · market / base-case scenario
Aggressive
$904.0K
NOI $45,199 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.3k | $15.00 |
| − Vacancy | −$9.0k | −$1.95 |
| EGI | $60.3k | $13.05 |
| − OpEx | −$15.1k | −$3.26 |
| NOI | $45.2k | $9.79 |
4,618 SF · lease $15.00/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$645.7K
$565.0K – $753.3K
NOI $45,199 @ 7.0% cap · market cap 7.60%
Second Best
Healthcare Medical
$499.3K
$436.9K – $582.5K
NOI $34,952 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$853.2K
$746.6K – $995.4K
NOI $59,725 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dr. Manoj Sharma, ...
Physician
Dr. Umesh A. Badami, ...
Physician
Valley Cardiology
Medical Clinic
Covenant Center For the Heart
Hospital
Shamra Manoj MD
Physician
Similar Places Nearby
- Cole Veterinary Hospital — 2615 Schust Rd, Saginaw, MI 48603
- Peters J L DVM — 2615 Schust Rd, Saginaw, MI 48603, United States
- Cole Veterinary Hospital: Wendt J E DVM — 2615 Schust Rd, Saginaw, MI 48603
- Cole Veterinary Hospital: Zorn M M DVM — 2615 Schust Rd, Saginaw, MI 48603
- Us Govt VA — 4200 Fashion Square Blvd, Saginaw, MI 48603
Location Insight
- Map
- Local Demand
- City
- Saginaw
- County
- Saginaw
- State
- Michigan
- Longitude
- -83.966925
- Latitude
- 43.478345
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Custom-designed medical office building with conversion potential in Kochville Township.
Where is this medical office space located?
The property is located at 4884 Berl Dr Saginaw, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Custom‑designed medical office building with attractive architecture and convenient access to I‑675 and Tittabawassee Rd.; Spacious 4,618 SF first floor featuring multiple exam rooms, offices, lab areas, and a large open space.; B‑4 Zoning allows for flexible use, including potential conversion to general office space.
