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    Property profile & analytics
    OFF-MARKET Estimated value $895,000
    Retail space

    1826 Saginaw Rd, Midland, MI 48640-6837

    33,871 SF 2.11 ac lot Built 1976
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US43-2060492
    Property summary
    AI-generated overview

    This exceptional 16,000 square foot retail space, formerly occupied by a Save-A-Lot grocery store, presents a unique investment opportunity in Midland County. Located at the high-traffic intersection of South Saginaw Road and East Patrick Road, this single-tenant building offers unparalleled visibility and accessibility. The property is zoned RC-Regional Commercial District, allowing for a wide range of retail uses. The building's substantial size provides ample space for a variety of retail concepts, from large-format stores to smaller businesses seeking a prominent location. Its strategic position benefits from easy access to the M-10 Business Loop, ensuring high traffic flow and convenient access for customers. The entire 16,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This property represents a rare chance to acquire a significant retail presence in a thriving Midland County location with excellent visibility and accessibility. The property's size and location make it ideal for a variety of retail businesses seeking a high-traffic location with ample space. The RC-Regional Commercial District zoning provides flexibility for potential tenants. This is a turnkey opportunity for an investor or business owner looking to establish a strong retail presence in a prime Midland County location. The property's strategic location at the intersection of major roadways ensures high visibility and accessibility for potential customers.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1976
    Total area 33,871 SF
    Lot 2.11 ac (91,912 SF)
    Zoning code RC
    APN 14-15-40-390
    UPID US43-2060492
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Bridge Food Center Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1,000k
    Blend (final) Blend
    $895k
    Owner & transaction history
    Messiah Lutheran Church Of Bullock · 4 yrs held
    Messiah Lutheran Church Of Bullock
    since 2022
    Last sale
    $800,000
    2 recorded transactions
    2022
    $800,000
    2019
    Zoning & alternative use
    RC · Midland, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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