Midland AI-Ready Tech
For Sale
$2,295,000
800 Cambridge St, Midland, MI 48642
State-of-the-art facility for AI, data, and tech offices.
Property Size10,000 SF
Price / SF$229.50
Days on Market103
Property Features for 800 Cambridge St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
Keller Williams Preferred
(231) 598-0224
Listed By:
Brooke Bickerstaff · License #SBR-6501387975
(231) 598-0224
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 3 at 11:09AM
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 Keller Williams Preferred
Investment Insights
Based on property information with market context.
This steel-framed property in Midland, Michigan, is strategically designed and equipped to support AI data center operations, high-performance computing, and modern tech offices. The facility features high-bandwidth fiber infrastructure and network capacity. The building offers nearly 10,000 square feet of climate-controlled space suitable for scalable storage systems, extensive rack space, and flexible tenant configurations. Over $750,000 in capital improvements have recently been completed, including updated LED lighting, fiber internet infrastructure, epoxy and rubber flooring, a renovated premium suite, an updated café and shared kitchen area, resurfaced parking, enhanced exterior lighting, basement waterproofing, and a code-compliant elevator upgrade. The property can be utilized in many ways for tech and data center operators, creative office users, and traditional commercial tenants. Located in a dynamic hub for technology and advanced manufacturing, the property delivers immediate, stable cash flow with long-term growth potential. The sale includes real estate only. The location is considered very walkable, with a walk score of 79, and bikeable, with a bike score of 57.
Key Highlights
- AI‑ready facility with high‑bandwidth fiber infrastructure and network capacity.
- Nearly 10,000 square feet of climate‑controlled space** suitable for data centers, high‑performance computing, and tech offices.
- Over $750,000 in recent capital improvements, including LED lighting, fiber internet, flooring, and elevator upgrades.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.0k | $14.40 |
| − Vacancy | −$18.7k | −$1.87 |
| EGI | $125.3k | $12.53 |
| − OpEx | −$31.3k | −$3.13 |
| NOI | $94.0k | $9.40 |
10,000 SF · lease $14.40/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.57M
NOI $93,960 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.80M
$1.58M – $2.11M
NOI $126,344 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 48642, MI
33,457
Population
14,663
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
96%
High-School Grad
104.7 sq mi
ZIP Area
320
Density / Sq Mi
$77,690
Median Household Income
$48,407
Median Earnings
$1,100
Median Rent
$194,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - State-of-the-art facility for AI, data, and tech offices.
Where is this office building located?
The property is located at 800 Cambridge St Midland, MI.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: AI‑ready facility with **high‑bandwidth fiber infrastructure and network capacity.**; Nearly 10,000 square feet of climate‑controlled space** suitable for data centers, high‑performance computing, and tech offices.; Over $750,000 in recent capital improvements, including LED lighting, fiber internet, flooring, and elevator upgrades.
