Flex Office and
For Sale
$299,000
3726 Fortune Blvd, Saginaw, MI 48603
Mixed office and warehouse setup with multiple garage-style storage areas and heated space.
Property Size4,860 SF
Price / SF$61.52
Days on Market261
Property Features for 3726 Fortune Blvd
General Information
Standard status
Active
Size
4,860 SF
Class
B
Property subtype
Office, Other
Zoning
B-4
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
4,860 SF
Year Built
2000
Buildings
1
Stories
1
Tenancy
Multi-Tenant
Listing Agency:
CENTURY 21 Signature Realty
Listed By:
Kenneth M. Kujawa · License #6502333762
(989) 239-5581
Source:
Cpix.resimplifi
Added: Feb 4
Changed: Oct 10
Last Checked: Oct 20 at 5:23PM
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 CENTURY 21 Signature Realty
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Investment Insights
Based on property information with market context.
This 4,800-square-foot commercial property combines mostly open finished office space with dedicated rooms and multiple warehouse/storage areas. The office portion includes three offices, two restrooms, a kitchenette, and a storage room. In addition to the office area, the building has two warehouse/storage sections, including a heated 27x20 garage with 27x10 storage space and a second 28x23 garage cold storage area.
The property is located in Saginaw Township and is described as conveniently positioned near Bay Road with strong visibility and easy access to major routes.
Overall, the building’s layout supports both office use and storage/warehouse operations within the same structure.
The property is located in Saginaw Township and is described as conveniently positioned near Bay Road with strong visibility and easy access to major routes.
Overall, the building’s layout supports both office use and storage/warehouse operations within the same structure.
Key Highlights
- 4,800 sq ft commercial building built in 2000 in Saginaw Township near Bay Road
- Includes 3,200 sq ft finished office space: mostly open layout with 3 offices, 2 restrooms, kitchenette, and storage room
- Warehouse/storage setup includes a heated 27x20 garage plus 27x10 storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,687
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,740
$533.7K
Cap Rate 7%
$381,243
$381.2K
Cap Rate 9%
$296,522
$296.5K
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$46.7K $9.60/SF
− Vacancy
−$5.6K −$1.15/SF
EGI
$41.1K $8.45/SF
− OpEx
−$14.4K −$2.96/SF
NOI
$26.7K $5.49/SF
Area
Saginaw County, MI
Vacancy
12.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,740
Cap Rate 7%
$381,243
Cap Rate 9%
$296,522
Alternative Uses
Best Use
Office B
$679.5K
$594.6K – $792.8K
NOI $47,567 @ 7.0% cap · market cap 15.91%
Second Best
Warehouse
$475.9K
$416.4K – $555.2K
NOI $33,312 @ 7.0% cap · market cap 11.14%
Theoretical Best
Specialty Retail
$897.9K
$785.7K – $1.05M
NOI $62,854 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48603, MI
27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value
Check the figures for this property
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?
Flex space - Mixed office and warehouse setup with multiple garage-style storage areas and heated space.
Where is this flex space located?
The property is located at 3726 Fortune Blvd Saginaw, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 4,800 sq ft commercial building built in 2000 in Saginaw Township near Bay Road; Includes 3,200 sq ft finished office space: mostly open layout with 3 offices, 2 restrooms, kitchenette, and storage room; Warehouse/storage setup includes a heated 27x20 garage plus 27x10 storage space
