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    OFF-MARKET
    Office buildings

    3200 James Savage Rd, Midland, MI 48642-5856

    6,359 SF 0.76 ac lot Built 1986
    Individually Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-2220881
    Property summary
    AI-generated overview

    This exceptional 1,284-square-foot executive office space is perfectly situated in Midland, Michigan, at 3200 James Savage Rd, 48642. Located on the second floor of a two-story building constructed in 1986, this single-tenant space offers a versatile layout ideal for a variety of businesses. The interior comprises three private offices, a spacious open office/reception area, and a dedicated conference room, providing ample room for both individual work and collaborative efforts. Significant storage is available thanks to abundant closet space. The property benefits from a well-maintained common area of approximately 250 square feet, including a large bathroom. All utilities, lawn care, snow removal, maintenance, and property taxes are included in the lease, minimizing operational overhead. Recent improvements include fresh paint, new furnaces and air conditioners, a Duro Last roof, and updated sidewalks. The property is zoned OS and sits within the Midland submarket of the Mid-Michigan Region. This space is particularly well-suited for non-profit organizations or similar entities. This is a fantastic opportunity to secure a move-in ready office space in a prime Midland location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 6,359 SF
    Lot 0.76 ac (33,106 SF)
    Zoning code IA
    APN 14-23-10-014
    UPID US43-2220881
    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
    • Midland Kids First Association / Organization
    • The Legacy Center for Community Success Charitable Organization Social Service Agency
    • Literacy Services Tutoring Service
    • Midland Area Partnership For Drug Testing Service
    • Three-S Construction Inc Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Valley Organization · 5 yrs held
    Valley Organization
    since 2021
    Last sale
    $375,000
    1 recorded transaction
    2021
    $375,000
    Zoning & alternative use
    IA · Midland, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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