Property profile

280 W Morley Dr Saginaw, MI 48601

FOR LEASE
Industrial properties
Property ID
US43-1433322
30,344 SF 2.18 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial building, located in Buena Vista Township's Morley Industrial Park, offers 30,000 square feet of versatile space ideal for warehouse, manufacturing, distribution, or office use. The property boasts a substantial 30,000 square foot warehouse/shop area featuring high ceilings and radiant heat. In addition, there is 2,620 square feet of dedicated office space. The building's functionality is enhanced by two existing loading docks with recessed truck wells and 10-foot overhead doors. Five additional, currently closed-in, docks on the north side present an opportunity for future expansion with minimal investment. A further convenience is provided by one 10-foot drive-in bay. This prime location offers easy access to major transportation arteries, situated near Nexteer Automotive, I-75, and M-46/Holland Road. The property is available as a single-tenant occupancy within Saginaw County, Michigan, and is zoned for a variety of commercial uses including warehouse, manufacturing, distribution, executive office, traditional office, and creative office spaces. The address is 280 W Morley Dr, Saginaw, MI 48601. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 30,344 SF
Lot 2.18 ac (94,961 SF)
Zoning code M-1 IND
APN 10-12-5-27-2520-000
UPID US43-1433322

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
  • Corporate Office

Location

280 W Morley Dr Saginaw, MI 48601
Saginaw metro Census 11100 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN 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
$1.01M

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2017
$1.1M
2006
Price N/A

Zoning & alternative use

M-1 IND · Saginaw, MI
Top alternative use upside
Commercial (general) $1.7M +41.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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