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Financial
Distress signals
Property profile

1516 Saginaw Rd Midland, MI 48640

OFF-MARKET
Turn key restaurants
Property ID
US43-2338458
4,950 SF 1.19 ac lot Built 2004
Last sale Jun 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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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?
$24k
Tax billed · 2022
Assessed value · 2023$346k
Effective rate6.88%

Value estimate

· Oct 2026
$465k
$419k – $512k

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?

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

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Electrical Service10.0
HVAC Service9.6

Location

1516 Saginaw Rd Midland, MI 48640-2840
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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
607 Saginaw, Midland, MI 48640-4610 $256,484 Feb 2025 5,986 SF
664 Isabella, Midland, MI 48640-9102 $200,000 May 2024 4,320 SF
742 Poseyville, Midland, MI 48640-8911 $460,000 Mar 2024 3,608 SF
810 Ashman, Midland, MI 48640-4909 $325,000 Dec 2023 5,747 SF
2511 Saginaw, Midland, MI 48640-5688 $260,000 Dec 2023 6,000 SF
301 Saginaw, Midland, MI 48640-4551 $400,000 Dec 2023 6,182 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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