Technical
Financial
Distress signals
Property profile

1602 Saginaw Rd Midland, MI 48640

OFF-MARKET
Retail space
Property ID
US43-2215021
4,385 SF 0.36 ac lot Built 1980
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This commercial property is located in Midland, Michigan at the corner of Haley and Saginaw, on a 0.36-acre lot. The building has 4,385 square feet of space and is positioned for visibility along a major intersection. It is zoned for commercial use. The property has historically been occupied by long-term tenants, and the leases have included scheduled rent increases.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 4,385 SF
Lot 0.36 ac (15,682 SF)
Zoning code RC
APN 14-15-40-424
UPID US43-2215021

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service

Location

1602 Saginaw Rd Midland, MI 48640-5634
Midland metro Census 290200 MIDLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$315k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

RC · Midland, MI
Zoning description

3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses t…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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