Technical
Financial
Distress signals
Property profile

1806 E Airport Rd Midland, MI 48642

FOR LEASE
Outlet malls
Property ID
US43-2511955
23,384 SF 3.01 ac lot Built 1997
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 23,500-square-foot retail property presents a rare opportunity in Midland, Michigan. Located at 1806 Airport Road, this former Office Max building offers a single-tenant occupancy configuration, ideal for a variety of retail uses. The property boasts a prime location on the main retail corridor of Eastman Avenue, benefiting from high visibility and significant daily traffic volume exceeding 48,864 vehicles. Its strategic placement on the pad of a Lowe's Home Improvement store ensures strong co-tenancy and increased customer traffic. The property includes a dedicated parking lot with over 120 spaces, providing ample convenience for customers and employees. Access is easily managed via a traffic-controlled entrance at the intersection of Airport Road and Eastman Avenue. The building is entirely vacant, presenting a blank canvas for a new tenant to customize and develop. Situated in Midland County, Michigan, with a zip code of 48642, this property offers unparalleled potential for a business seeking a high-profile location with exceptional accessibility and visibility. The property's size and location make it an attractive option for a variety of retail businesses seeking to establish a strong presence in the Midland market.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1997
Total area 23,384 SF
Lot 3.01 ac (131,116 SF)
Zoning code RC
APN 11-32-40-165
UPID US43-2511955

Cap rate & NOI

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

Location

1806 E Airport Rd Midland, MI 48642
Midland metro Census 291103 MIDLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$705k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A
2023
Price N/A
2020
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
Top alternative use upside
Office building $2.0M +41.9%

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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