Medical Office Suite with Exam
For Sale
$400,000
5-5084 Villa Linde Pkwy, Flint, MI 48532
Turnkey medical office suite offering six exam rooms with sinks, private offices, and a spacious waiting area.
Property Size3,066 SF
Price / SF$130.46
Days on Market322
Property Features for 5-5084 Villa Linde Pkwy
General Information
Standard status
Active
Size
3,066 SF
Taxes and HOA fees
Annual Taxes
$9,597
Listing Agency:
Inca Realty, LLC
(989) 493-1723
Listed By:
Lina Aboughanem · License #386172
(989) 493-1723
Source:
Exprealty
Added: Oct 15, 2025
Changed: Aug 31
Last Checked: Aug 30 at 8:22PM
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.
This well-appointed medical office suite has been designed for efficient clinic operations and is described as impeccably maintained. The interior layout includes six exam rooms, each with a sink, along with a circular hallway design intended to support smooth patient flow. Additional space includes two private offices, a kitchenette, a storage room, and multiple workstations.
The suite also provides a spacious waiting area with a patient restroom, and it includes a back employee entrance. Ample parking is available for patient and staff convenience.
Note that the unit is currently leased but vacant and is being offered for sale. The lease contract will be terminated once the property is sold.
The suite also provides a spacious waiting area with a patient restroom, and it includes a back employee entrance. Ample parking is available for patient and staff convenience.
Note that the unit is currently leased but vacant and is being offered for sale. The lease contract will be terminated once the property is sold.
Key Highlights
- Medical office suite with 6 exam rooms, each equipped with a sink
- Circular hallway layout designed for smooth traffic throughout the clinic
- Includes 2 private offices, kitchenette, storage room, and 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
Location Intelligence
Trade Area within ½ mile
552
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 - Turnkey medical office suite offering six exam rooms with sinks, private offices, and a spacious waiting area.
Where is this medical office space located?
The property is located at 5-5084 Villa Linde Pkwy 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: Medical office suite with 6 exam rooms, each equipped with a sink; Circular hallway layout designed for smooth traffic throughout the clinic; Includes 2 private offices, kitchenette, storage room, and multiple workstations
