Office Units with Drive-Up
2706 N Saginaw Road, Midland, MI 48640
For Sale
$895,000
COM/IND/BUS OPP, Midland, MI
Property Size6,000 SF
Lot Size0.92 Acres
Price / SF$149.17
Days on Market139
Property Features for 2706 N Saginaw Road
General Information
Property type
Property subtype
Zoning description
Parking features
Lot features
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
drive-up window
Building Details
Year built
Roof type
Buildings
Listing Agency:
Century 21 Signature Realty Midland · Century 21 Real Estate
(989) 837-2100
Listed By:
Paul White · License MI #6501464774
(989) 600-7424
Added: Jun 25
Changed: Oct 29
Last Checked: Nov 10 at 10:06AM
MLS# 50177675
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,000-square-foot office property occupies 0.92 acres and was built in 1945. The building has been updated and includes a drive-up window beneath a canopy, a parking lot, central air, forced-air heat, public water, and a metal roof. Its configuration supports office, medical, retail, and other professional uses described for the property.
Located at 2706 N Saginaw Road in Midland, the property is near the hospital and directly across from Midland County’s largest employer. The site is positioned along a corridor reported to carry more than 22,000 vehicles per day, adding substantial exposure for occupants and visitors.
Located at 2706 N Saginaw Road in Midland, the property is near the hospital and directly across from Midland County’s largest employer. The site is positioned along a corridor reported to carry more than 22,000 vehicles per day, adding substantial exposure for occupants and visitors.
Key Highlights
- 6,000‑square‑foot office property on 0.92 acres
- Drive‑up window sheltered by a canopy
- More than 22,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,134
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,680
$1.2M
Cap Rate 7%
$859,057
$859.1K
Cap Rate 9%
$668,156
$668.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$108.0K $18.00/SF
− Vacancy
−$7.8K −$1.30/SF
EGI
$100.2K $16.70/SF
− OpEx
−$40.1K −$6.68/SF
NOI
$60.1K $10.02/SF
Area
Midland County, MI
Vacancy
7.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,680
Cap Rate 7%
$859,057
Cap Rate 9%
$668,156
Alternative Uses
Best Use
Healthcare Medical
$859.1K
$751.7K – $1.00M
NOI $60,134 @ 7.0% cap · market cap 6.72%
Second Best
Office B
$805.4K
$704.7K – $939.6K
NOI $56,376 @ 7.0% cap · market cap 6.30%
Theoretical Best
Flex RnD
$1.08M
$947.6K – $1.26M
NOI $75,807 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
22,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Updated commercial space offers office flexibility, central air, forced-air heat, and rear parking near the hospital.
Where is this office unit located?
The property is located at 2706 N Saginaw Road Midland, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 6,000‑square‑foot office property on 0.92 acres; Drive‑up window sheltered by a canopy; More than 22,000 vehicles per day
