Flex Office and
3726 Fortune Blvd Saginaw, MI 48603
3726 Fortune Blvd, Saginaw, MI, 48603
$299,000
For Sale
$299,000
Mixed office and warehouse setup with multiple garage-style storage areas and heated space.
Property Size4,860 SF
Price / SF$61.52
Days on Market167
Property Features for 3726 Fortune Blvd
General Information
- Standard status
- Active
- Size
- 4,860 SF
- Property subtype
- Office, Other
Building Details
- Year Built
- 2000
Listing agency
CENTURY 21 Signature Realty
(989) 239-5581
Listed by
Kenneth M. Kujawa · License #6502333762
(989) 239-5581
Source
Cpix.resimplifi
Added: Feb 4 Updated: Jul 20 at 5:30PM Checked: Jul 21 at 3:02AM
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
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
Local Financial Insights For Flex RnD
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 | $46.7k | $9.60 |
| − Vacancy | −$5.6k | −$1.15 |
| EGI | $41.1k | $8.45 |
| − OpEx | −$14.4k | −$2.96 |
| NOI | $26.7k | $5.49 |
4,860 SF · lease $9.60/SF/yr · vacancy 12.00% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bread of Life Harvest ...
Church
Similar For Sale Nearby
FAQs
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
