Financial
Distress signals
Property profile

2500 North Saginaw Rd Midland, MI 48640

FOR LEASE
Grocery and convenience stores
Property ID
US43-2036952
2,995 SF 0.64 ac lot Built 2005
Last sale Dec 2024 · $5,368,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$16k
Tax billed · 2022
Assessed value · 2023$325k
Effective rate4.89%

Value estimate

· Sep 2026
$5.37M
$4.83M – $5.91M
AI approach$5.37M
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$7k
Operating expenses−$10k
NOI · 0.49% cap applied$31k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
0.49%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RC
The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertain...
General categoryMIXED_USE
JurisdictionMIDLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.3
Building Supply12.5
Auto Repair Shop12.0

Location

2500 North Saginaw Rd Midland, MI 48640
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
639 Isabella, Midland, MI 48640-9102 $130,000 Apr 2025 3,600 SF
212 Northgate, Midland, MI 48640-7368 $280,000 Mar 2025 3,144 SF
756 Poseyville, Midland, MI 48640-7905 $80,000 Oct 2024 3,440 SF
415 Saginaw, Midland, MI 48640-4520 $165,000 Mar 2024 2,558 SF
2106 Saginaw, Midland, MI 48640-2660 $550,000 Mar 2022 3,572 SF
502 Townsend, Midland, MI 48640-5268 $100,000 Mar 2022 2,588 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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