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    5265 Pierson Rd Flushing, MI 48433

    For Sale
    $400,000

    Multi-unit medical office, value-add opportunity.

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a two-building, multi-unit medical office complex located at 5245 and 5265 W Pierson Rd, Flushing, MI 48433. The property, totaling 3,200 square feet, boasts a Class B designation and sits on a commercially zoned lot. Built in 1980, the two-story complex features five units with 61% occupancy. The asking price is $400,000, translating to $125 per square foot. One unit, approximately 1080 square feet, is ideally suited for a doctor's office, complete with eight rooms, a reception area, a waiting room, and three bathrooms. Another unit, approximately 800 square feet, is currently leased for $675 per month and includes multiple offices and a private bathroom. The property benefits from convenient access to US-75 and nearby businesses, and features prominent monument street signage. This is a modified lease, multi-tenancy property offering a compelling value-add investment opportunity in a thriving Michigan market. The property is privately owned.

    Property Features for 5265 Pierson Rd

    General Information

    Property type
    Medical offices
    Square Feet
    3,200 SF
    Class
    B

    Building Details

    Year Built
    1980
    Buildings
    2
    Stories
    2
    Units
    5

    HighLights

    • Two‑building, 3,200 SF medical office complex in Flushing, MI.
    • Class B property on commercially zoned lot, built in 1980.
    • Five units, 61% occupancy, asking price $400,000 ($125/SF).
    • One 1,080 SF unit ideal for doctor's office (8 rooms, reception, waiting room, 3 baths).
    • One 800 SF unit leased at $675/month.
    • Convenient US‑75 access, prominent signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tasty Treats Ice ... Frozen Dessert Supplier Barry M. Matheson, ... Chiropractor Matheson Chiropractic Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7825207
    Latitude
    43.0598817

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    FAQs

    What type of property is this?
    Medical office - Multi-unit medical office, value-add opportunity.
    Where is this medical office located?
    The property is located at 5265 Pierson Rd Flushing, 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: Two-building, 3,200 SF medical office complex in Flushing, MI.; Class B property on commercially zoned lot, built in 1980.; Five units, 61% occupancy, asking price $400,000 ($125/SF).
    Request Owner's contact information
    5265 Pierson Rd Flushing, MI 48433
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    Flushing, MI 48433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5265 Pierson Rd Flushing, MI 48433
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