Professional Office
New
For Sale
$950,000
5311 Hampton Pl, Saginaw, MI 48604
A flexible office layout includes private offices, collaborative workspace, and shared meeting and support areas.
Property Size6,814 SF
Price / SF$139.42
Days on Market7
Property Features for 5311 Hampton Pl
General Information
Standard status
Active
Size
6,814 SF
Class
B
Property subtype
Office
Zoning
B-3
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$950,000
Office Units
1
Amenities
conference room
breakroom with kitchenette
lobby seating
Building Details
Building Size
6,814 SF
Buildings
1
Listing Agency:
Trademark Commercial Group
Listed By:
Gretchen Witherspoon · License #6501316390
(989) 295-0353
Source:
Cpix.resimplifi
Added: Oct 17
Changed: Oct 20
Last Checked: Oct 20 at 5:22PM
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 Trademark Commercial Group
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Investment Insights
Based on property information with market context.
This 6,814-square-foot professional office building combines a central open cubicle area with 12 enclosed offices and a large conference room. Supporting spaces include a kitchenette breakroom, two restrooms, a server and IT closet, and a storage room. The entry features large windows, high ceilings, and two lobby seating areas. The roof is new, and the parking lot has been upgraded and seal coated.
The property is at the corner of Trautner Drive and Hampton Place in Kochville Township, with access to Tittabawassee Road, I-675, and Bay Road. Zoning is B-3.
The property is at the corner of Trautner Drive and Hampton Place in Kochville Township, with access to Tittabawassee Road, I-675, and Bay Road. Zoning is B-3.
Key Highlights
- 6,814 square feet with a central open workspace and 12 enclosed offices
- Large conference room, kitchenette breakroom, two restrooms, server/IT closet, and storage room
- Entry includes large windows, high ceilings, and two lobby seating areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,692
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,840
$1.3M
Cap Rate 7%
$952,743
$952.7K
Cap Rate 9%
$741,022
$741.0K
Market Conditions
NOI Build-Up for 6,814 SF
Gross rent
$102.2K $15.00/SF
− Vacancy
−$13.3K −$1.95/SF
EGI
$88.9K $13.05/SF
− OpEx
−$22.2K −$3.26/SF
NOI
$66.7K $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%
$1,333,840
Cap Rate 7%
$952,743
Cap Rate 9%
$741,022
Alternative Uses
Best Use
Office B
$952.7K
$833.7K – $1.11M
NOI $66,692 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,125 @ 7.0% cap · market cap 9.28%
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
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 48604, MI
12,386
Population
4,603
Households
2.7
Avg Household Size
29
Median Age
24%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
471
Density / Sq Mi
$53,804
Median Household Income
$18,887
Median Earnings
$928
Median Rent
$93,200
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A flexible office layout includes private offices, collaborative workspace, and shared meeting and support areas.
Where is this office building located?
The property is located at 5311 Hampton Pl Saginaw, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6,814 square feet with a central open workspace and 12 enclosed offices; Large conference room, kitchenette breakroom, two restrooms, server/IT closet, and storage room; Entry includes large windows, high ceilings, and two lobby seating areas
