Technical
Financial
Distress signals
Property profile

2706 N Saginaw Rd Midland, MI 48640

FOR SALE
Retail space
Property ID
US43-2494202
5,999 SF 0.92 ac lot Built 1945
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 2706 N Saginaw Road in Midland is an updated commercial building with approximately 6,000 square feet of space configured for medical, retail, and professional office use. It includes a drive-up window with a canopy and provides an accessible customer flow, supported by additional parking located at the rear of the site. The building is situated near the hospital and directly across from Midland County’s largest employer, with visible frontage along N. Saginaw Road. Vehicle traffic counts were noted in the listing remarks as exceeding 22,000 vehicles per day. The site and building improvements are arranged to support single-tenant occupancy with an adaptable footprint in a high-traffic, employment-centered area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 5,999 SF
Lot 0.92 ac (40,075 SF)
Zoning code RC
APN 14-05-50-090
UPID US43-2494202

Cap rate & NOI

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

Location

2706 N Saginaw Rd Midland, MI 48640
Midland metro Census 291000 MIDLAND, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2012
2 recorded transactions
2021
Price N/A
2012
$387,500

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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