Technical
Financial
Distress signals
Property profile

1900 Saginaw Rd Midland, MI 48640

OFF-MARKET
Strip malls
Property ID
US43-2213235
37,906 SF 2.61 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,500 square foot retail or office space is now available for lease in a thriving Midland shopping center. Located at the highly visible corner of South Saginaw Road and Patrick Road, this single-tenant suite offers unparalleled visibility and accessibility. Previously occupied by a party supply store, the space boasts attractive all-glass storefront windows, providing excellent natural light and showcasing your business to passersby. While the layout is slightly irregular, it offers a generous depth, including a convenient storage room in the rear for added functionality. Two restrooms are also included for tenant and customer convenience. The space is being offered at a reduced rate of $1,900 per month, NNN. Additional net operating expenses are estimated at approximately $3.00 per square foot, subject to satisfactory lease terms. This prime location offers easy access for customers and employees, situated next to a popular Bone Daddy's BBQ restaurant, ensuring high foot traffic and visibility within a busy shopping center. The asking price represents a significant opportunity for businesses seeking a well-located, adaptable space in a desirable Midland County location. This is an "as is" lease. Serious inquiries only.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Total area 37,906 SF
Lot 2.61 ac (113,692 SF)
Zoning code RC
APN 14-15-40-532
UPID US43-2213235

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
  • Home Appliance Store (Bike/Boat/Book/etc) Store
  • Restaurant
  • Take-out & Catering
  • Insurance Agency
  • Engraver Gift Shop

Location

1900 Saginaw Rd Midland, MI 48640-6818
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
$5.84M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.65M

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2021
$3.5M

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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