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    2804 Enterprise Ct Saginaw, MI 48603

    For Sale
    $550,000

    High-return flex space, leased, Saginaw, MI

    Property size:
    3,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 3,750-square-foot industrial property located at 2804 Enterprise Ct, Saginaw, MI 48603, in Saginaw County. The property is currently leased under a triple-net (NNN) lease to a single, long-term tenant boasting an outstanding rental history, ensuring a consistent income stream. The building's design cleverly combines a 1,200-square-foot office/showroom area with a 2,550-square-foot warehouse space, featuring a convenient overhead door for efficient loading and unloading. This versatile space is ideal for a variety of businesses, making it a highly attractive investment. The asking price is $550,000, translating to a price per square foot of $146.67. The property's strategic location just off Bay Road (M-84) in Saginaw Township provides excellent accessibility and visibility. This turnkey investment offers a compelling blend of stable income and significant potential for future appreciation, making it an attractive addition to any portfolio. The property is classified as Flex, R&D, and Warehouse space. This is a for-sale-by-owner listing.

    Property Features for 2804 Enterprise Ct

    General Information

    Property type
    Life science properties
    Square Feet
    3,750 SF

    HighLights

    • $550,000 asking price.
    • 3,750 square foot industrial building.
    • Flex, R&D, and warehouse space.
    • NNN lease.
    • Single‑tenant occupancy.
    • $146.67 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RitterTech ParkerStore Saginaw Hydraulic Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.9717391
    Latitude
    43.4577718

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    FAQs

    What type of property is this?
    Life science property - High-return flex space, leased, Saginaw, MI
    Where is this life science property located?
    The property is located at 2804 Enterprise Ct Saginaw, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 3,750 square foot industrial building.; Flex, R&D, and warehouse space.
    Request Owner's contact information
    2804 Enterprise Ct Saginaw, MI 48603
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    Saginaw, MI 48603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2804 Enterprise Ct Saginaw, MI 48603
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