Property profile

318 Saginaw Rd Midland, MI 48640

OFF-MARKET
Office buildings
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Property ID
US43-2220968
12,436 SF 0.8 ac Built 1947
Last sale Mar 2023·$890,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of two separate Class C commercial buildings totaling 12,146 square feet. The first building is a five-suite commercial structure built in 1979 with 9,517 square feet of commercial space, and it includes an additional 513 square feet of storage area that is not currently leased. The second building is a single-story Class C commercial structure built in 1947 with 2,629 square feet of space that has been leased to a physical therapy provider. The overall property has…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$364k
Effective rate5.87%

Value estimate

· Nov 2026
$895k
$806k – $985k
Submarket $/SF estimate$765k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$45 – $129

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
C Circle District LCMR Limited Commercial, Manufacturing and Research District IA Industrial A District IB Industrial B District Section ...
General categoryCOMMERCIAL
JurisdictionMIDLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.8
Restaurant30.5
Realty agency29.6

Location

318 Saginaw Rd Midland, MI 48640-4583
County assessor Recorded deeds · 2 transfers 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
802 Gordon, Midland, MI 48640-4939 $100,000 Jan 2025 4,749 SF
1830 Saginaw, Midland, MI 48640-6612 $350,000 Dec 2024 8,736 SF
4008 Wackerly, Midland, MI 48640-1800 $200,000 Jun 2024 5,400 SF
4300 Sugnet, Midland, MI 48640-3141 $653,000 May 2024 5,044 SF
5100 Eastman, Midland, MI 48640-6793 $800,000 Mar 2023 12,839 SF
5820 Eastman, Midland, MI 48640-6798 $465,000 Jan 2022 4,573 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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Includes: Price & PSF · Cap rate · Location · Zoning

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