Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3195 Christy Way Saginaw, MI 48603

    Sponsored
    For Lease
    $14 SF/Yr ($8,353 /Mo)

    Two executive suites available; ideal location.

    Lot size:
    6,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    424
    This exceptional office property, located at 3195 Christy Way in Saginaw Township, offers two available executive suites totaling 700 square feet. Situated on a 0.55-acre lot, the building boasts a total of 6,880 square feet and is classified as a Class B office space. The property's zoning is COMMERCIAL-OFFICE-INDUSTRIAL, providing flexibility for various business types. The building is conveniently located just off Bay Road (M-84), offering easy access and high visibility. While the building is not handicap accessible (stairs only, no elevator), the available suites provide attractive and functional office space. The property's APN is CPIX TAX and is located in Saginaw County. This property is currently available for lease, and also for sale; please inquire for further details regarding the sale option. The multiple tenancy structure allows for a diverse range of potential tenants. This is a fantastic opportunity for businesses seeking a well-located, functional office space in a thriving area. Contact the property owner for more information and to schedule a viewing.

    Property Features for 3195 Christy Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,880 SF
    Class
    B
    Total Rate
    8353.47

    Spaces For Lease

    at 3195 Christy Way, Saginaw, MI 48603 Contact us
    Unit Suite 1

    $16 /Mo

    Size
    700 SF
    Contact us
    Unit Suite 7

    $14 /Mo

    Size
    700 SF
    Contact us

    We can help!

    Listing Contact
    Gretchen Witherspoon
    Gretchen Witherspoon

    Learn more

    Property Insight Report

    HighLights

    • 6,880 square foot office building on a 0.55‑acre lot.
    • Two executive office suites available, each approximately 700 square feet.
    • Located in Saginaw Township, conveniently off Bay Road (M‑84).
    • Class B building with COMMERCIAL‑OFFICE‑INDUSTRIAL zoning.
    • Property is also available for sale.
    • Not handicap accessible (stairs only, no elevator).
    Property Profile Location Intelligence

    Current Use by Public Records

    Ken David Electric Electrical Service DDI Engineering Inc Engineering Consultant Musico Lessons LLC Vocational School Stork Technical Staffing Employment Agency Hardy Professional Tax ... Tax Preparation

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.97946200357
    Latitude
    43.45901685953

    Nearby Similar for Lease

    • $8 SF/Yr
      7,110 SF

      Office Building in Saginaw

      Office building for lease in Old Town Saginaw, Michigan.
      731 Gratiot Ave, Saginaw, MI 48602
      View Details
    • $1,550 /Mo
      2,500 SF

      Saginaw Township Office/Lab Space

      2500 SF office/lab space available for lease in Saginaw.
      2795 Universal Dr, Saginaw, MI 48603
      View Details
    • $15 SF/Yr
      4,645 SF

      Saginaw Executive Office Space

      Premier office space with conference room and kitchenette near I-675.
      4300 Fashion Square Blvd, Saginaw, MI 48603
      View Details
    • $495,000
      4,997 SF

      Medical Suite in Medical Arts

      Premier medical suite available for rent in Saginaw, Michigan.
      4701 Towne Centre Rd, Saginaw, MI 48604
      View Details
    • $10 SF/Yr
      6,971 SF

      Specialized Saginaw Building for Lease

      Specialized building with computer vault, warehouse, and training center.
      2813 Automotive Ctr Rd, Saginaw, MI
      View Details
    • $13 SF/Yr
      6,000 SF

      Downtown Saginaw Commercial Office Space

      Modern office space in a vibrant downtown setting.
      334 S Water St, Saginaw, MI 48607
      View Details
    • $23 SF/Yr
      16,931 SF

      Saginaw County Flex Space Investment

      16,931 SF Flex Space; Single Tenant.
      2813 Automotive Ctr Rd, Saginaw, MI 48603
      View Details
    • $7 SF/Yr
      12,000 SF

      Retail Space with Warehouse

      Large retail space with warehouse area for lease.
      3901 Bay Rd, Saginaw, MI 48603
      View Details
    • $8 SF/Yr
      30,000 SF

      Industrial Warehouse with Office Space

      Industrial/warehouse space with office, docks, and drive-in bay.
      280 Morley Dr, Saginaw, MI 48601
      View Details
    • Contact for pricing
      30,000 SF

      Saginaw Industrial Space For Lease

      30,000 SF Warehouse/Office in Saginaw, MI
      280 Morley Dr, Saginaw, MI 48601
      View Details
    • $10 SF/Yr
      14,430 SF

      Retail Space in High-Traffic Plaza

      Prime retail leasing opportunity in Saginaw with excellent visibility.
      3417 East Genesee Ave, Saginaw, MI 48601
      View Details
    • $18 SF/Yr
      4,643 SF

      1st State Plaza Executive Suites

      Saginaw, MI Office Space Available
      4800 Fashion Square Blvd, Saginaw, MI 48604
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Two executive suites available; ideal location.
    Where is this office property / space located?
    The property is located at 3195 Christy Way Saginaw, MI.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: 6,880 square foot office building on a 0.55-acre lot.; Two executive office suites available, each approximately 700 square feet.; Located in Saginaw Township, conveniently off Bay Road (M-84).
    (989) 792-6400
    Request Owner's contact information
    3195 Christy Way Saginaw, MI 48603
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3195 Christy Way
    Saginaw, MI 48603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3195 Christy Way Saginaw, MI 48603
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gretchen Witherspoon
    Gretchen Witherspoon
    Real Estate License ID: 6501316390
    (989) 792-6400
    Learn more
    Google sign-in failed. Please try again or use another login method.