4165/4173/4181 Lippincott Blvd.
Office
for Sale
| Catylist Listing ID: |
30704648 |
| Property Subtypes: |
Executive Suites, Medical, Mixed Use, Office Building, Other
|
| Building Size (RSF): |
7,452 SF
|
| Gross Land Area: |
17.40 Acres
|
| Sale Price: |
$889,000 |
| Unit Price: |
$119.30 PSF |
| Ceiling: |
24 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
Dot Scientific |
| Class of Space: |
Class B |
| Usable Size (USF): |
7,452 SF |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/5/2023 |
Overview / Comments
Diverse portfolio combining medical offices, a heated warehouse of nearly 5300 SF and 2 homes on a total of 17 wooded acres. The main building 7,452 SF total and zoned mixed use. The North portion of the building is the heated warehouse, nearly 5400 SF with INSULATED block walls. Ceiling height in the warehouse is 16'-20’ and the overhead door dimensions are 12’ x 12’. The North portion also has 5 additional offices. The South end of the building is leased to a medical office. Annual lease incomes total $85,260. There are 2 rental homes at the road and the 4 parcels complete a rectangle shape. The possibilities are endless with all this extra acreage. Office/warehouse at 4165 Lippincott has city sewer and water. The 2 homes are city sewer with a shared well. Center Rd/Lippincott location, high traffic count and near the interstate.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$19,071 (Annual) |
Additional Details
| Nearest MSA: |
Flint |
| County: |
Genesee |
| Taxing Authority: |
Burton |
| Tax ID/APN: |
59-15-300-033,009,011,032 |
| Zoning: |
RO RESTRICTED OFFICE |
| Property Located Between: |
Center Rd. & Belsay Rd. |
| Property Visibility: |
Excellent |
| Highway Access: |
I-69 |
| Airports: |
Bishop International |
| Site Description: |
Irregular, Splits Available, Wooded |
| Total Number of Buildings: |
3 |
| Number of Stories: |
1 |
| Year Built: |
1993 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick, Stone, Vinyl Siding |
| Exterior Description: |
Office/warehouse building is brick and stone. 2 houses are vinyl sided. |
| Parking Ratio: |
12 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
12 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central, Ceiling Units |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Over 5,300 sq ft of office in 4165 Lippincott commercial building |
| Zoning Description: |
RO Restricted office commercial zoning for all 4 parcels |
| Lot Frontage: |
329 |
| Lot Depth: |
1326 |
| Water Service: |
Municipal, Well |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee simple |
| Legal Description: |
PART OF SEC 15 T7N R7E |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,300 |
62,680 |
168,887 |
| Median Age: |
44.55 |
37.12 |
36.25 |
| Households: |
2,392 |
25,576 |
67,451 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Moody's assume any liability for errors or omissions.
|
