Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1516 Saginaw Rd Midland, MI 48640-2840

    • Turn key restaurants
    • 4,950 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2338458
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wing Street / Takeout Restaurant / Restaurant
    • Pizza Hut / Pizza Restaurant / Pizza Takeout

    Property Details for 1516 Saginaw Rd

    Year built
    2004
    Lot size
    1.19 lot acres
    Property size
    4,950 SF
    Zone code
    RC
    Property type
    Turn key restaurants
    APN
    14-04-50-172
    APU
    140450172

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2449
    Latitude
    43.6418
    CBSA code
    33220
    CBSA name
    MIDLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,781
    $0.00
    $0.00
    $345,600
    -
    $0.00
    $0.00
    $691,200

    Comparable in this City

    • Value Estimation by Request
      3,396 SF

      238 Main St

      RESTAURANT • 3,396 SF
      238 Main St, Midland, MI 48640-5114
      View Details
    • Value Estimation
      $230,000
      1,578 SF

      309 Dartmouth Dr

      RESTAURANT • 1,578 SF
      309 Dartmouth Dr, Midland, MI 48640-4549
      View Details
    • Value Estimation
      $555,000
      3,240 SF

      416 Ellsworth St

      RESTAURANT • 3,240 SF
      416 Ellsworth St, Midland, MI 48640-5109
      View Details
    • Value Estimation by Request
      4,618 SF

      601 Saginaw Rd

      RESTAURANT • 4,618 SF
      601 Saginaw Rd, Midland, MI 48640-4610
      View Details
    • Value Estimation
      $380,000
      10,616 SF

      1819 Saginaw Rd

      RESTAURANT • 10,616 SF
      1819 Saginaw Rd, Midland, MI 48640-6807
      View Details
    • Value Estimation by Request
      1,370 SF

      405 Main St

      RESTAURANT • 1,370 SF
      405 Main St, Midland, MI 48640-5117
      View Details

    Similar Nearby for Sale

    • $365,000
      6,600 SF

      Turn Key Restaurant/Bar Opportunity

      Turn-key restaurant/bar with liquor license in Midland, MI.
      430 W Isabella St, Midland, MI 48640
      View Details
    • $329,000
      1,000 SF

      Downtown Midland Commercial Property For Sale

      Prime commercial property in downtown Midland with high visibility.
      134 W Main St, Midland, MI 48640
      View Details
    • $1,200,000
      4,000 SF

      Established Restaurant Landmark in Midland

      Operating restaurant with bar, updated interior, ample parking.
      1716 W Wackerly St, Midland, MI 48640
      View Details
    • $200,000
      2,488 SF

      Profitable Business in Midland, MI

      Established business opportunity with a long history and loyal clientele.
      1605 Bookness St, Midland, MI 48640
      View Details
    • $995,000
      6,000 SF

      Midland Commercial Property For Sale

      Commercial property near Dow High School and hospital with drive-up window.
      2706 N Saginaw Rd, Midland, MI 48640
      View Details
    • $325,000

      Commercial Building on Ashman Circle

      Commercial building with open floor plan and ample parking.
      86 Ashman Cir, Midland, MI 48640
      View Details

    Similar Nearby for Lease

    • $2,550 /Mo

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
      124 Ashman Cir, Midland, MI 48640
      View Details
    • $4,500 /Mo
      3,000 SF

      Office Space in Midland, MI

      Second-floor office space available in Midland, Michigan.
      5103 Eastman Ave, Midland, MI 48640
      View Details
    • $1,600 /Mo
      1,325 SF

      Office Space in Midland, MI

      Office space for rent with ample parking and elevator access.
      720 W Wackerly St, Midland, MI 48640
      View Details
    • $2,000 /Mo
      2,500 SF

      Office Space in Midland, MI

      Office space for lease with utilities and internet included.
      1912 S Saginaw Rd, Midland, MI 48640
      View Details
    • $1.00 SF/Yr
      12,000 SF

      Midland Industrial/Office Space For Lease

      Versatile Warehouse & Office Space Available
      1406 Pine St, Midland, MI 48640
      View Details
    • $22 SF/Yr
      15,200 SF

      Midland, MI Office Space for Lease

      7,500 SF Class A Office, New Construction
      415 Rodd St, Midland, MI 48640
      View Details

    Property Visit Statistics

    • Visits by month
      4.3k
    • Visitors by month
      3.3k
    • Avg Time on site
      32 min
    Request Owner's contact information
    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.
    1516 Saginaw Rd
    Midland, MI 48640-2840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.