5225 Hampton PlSaginaw, MI 48604

  • Commercial real estate
  • 7,200 SF
For Lease
$12/SF/YR View listing

Property Details for 5225 Hampton Pl

Year built
1993
Lot size
0.84 AC
Property size (Sq ft)
7,200 SF
Zone code
B-3
Property type
Commercial real estate
APN
18-13-4-35-4002-003
APU
18134354002003

Description

This exceptional office property, located at 5225 Hampton Place in Kochville Township, Saginaw County, offers two available suites totaling 6,960 square feet, plus a full basement for ample storage. Each suite provides flexible space, ranging from 3,240 to 3,720 square feet, ideal for a variety of traditional office or medical office uses. The property benefits from a highly convenient location, near the Tittabawassee Road exit of I-675 and Saginaw Valley State University (SVSU), ensuring easy access for employees and clients. Its proximity to other professional offices creates a synergistic environment. Currently, an attractive lease incentive is available: Tenants can receive up to 12 months of free base rent, depending on the lease term. A 42-month lease earns 6 months of free rent, while a 72-month lease provides 12 months rent-free. The free rent periods can be negotiated to be spread throughout the lease term, offering further flexibility to suit individual business needs. This presents a unique opportunity to secure high-quality office space in a prime location with significant cost savings. The property is also available for sale, making it a versatile option for both short-term and long-term business strategies. Inquire today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,396,890
    6.5%
    $1,289,440
    7%
    $1,197,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $673,488
    Geo Method
    $673,488
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,504,990
    Retail / Commercial
    $1,291,130
    Mixed-Use / Specialty
    $1,291,710
    Hospitality / Lodging
    $954,440
    Office
    $1,289,440
    Institutional / Educational
    $1,344,710
    Residential Income
    $1,573,320
    Multifamily
    $1,858,200
    Automotive / Energy
    $1,152,610
    Parking / Income-Based Land
    $392,629
    Restaurant / Food Service
    $682,898
    Healthcare / Senior Housing
    $1,319,310

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4833
Longitude
-83.96
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,571
-
-
$274,600
-
-
-
$549,200

FAQs

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