New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Industrial properties
3435 Sheridan Ave, Saginaw, MI 48601-4458
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-4424553
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
64,978 SF
Lot
4.97 ac (216,493 SF)
APN
25-11-4-01-1008-000
UPID
US43-4424553
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
-
Saginaw Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.45M
Owner & transaction history
3435 Sheridan LLC · 1 yrs held
3435 Sheridan LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+41.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saginaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saginaw submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,545,000
Current use
COMMERCIAL (GENERAL)
$3,595,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,446
Tax year 2023
Assessed value
$874,600
Assessed 2024
Previous assessed
$874,600
+0.0% YoY
Effective rate
4.74%
On assessed value
Total market value
$1,749,200
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Stories
1
Total area
64,978 SF
Lot
4.97 ac (216,493 SF)
APN
25-11-4-01-1008-000
UPID
US43-4424553
Jurisdiction
SAGINAW
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$3.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.97 ac
Current owner
From public records · entity-resolved
3435 Sheridan LLC
Entity
Mailing address
124 TUSTIN AVE STE #200, NEWPORT BEACH, CA 92663-4782
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
—
3435 Sheridan LLC
—
Deed
related
$70,000,000 · Needham Bank A Massachusetts Commercial
Sep 4, 2024
—
3435 Sheridan LLC
Pelorus Fund Reit LLC
Warranty Deed
—
Jun 28, 2023
$7,162,000
Pelorus Fund LLC
5sheridan LLC
Sheriffs Deed
related
—
Nov 10, 2021
—
Trevor Wisniewski And 5 Sheridan Ll
—
Deed
related
$1,200,000 · Commercial Capital Bidco INC
Aug 24, 2020
—
5 Sheridan LLC
—
Deed Of Trust
related
$4,000,000 · Pelorus Fund LLC
Dec 27, 2018
—
5sheridan LLC
Wisniewski,trevor J
Quit Claim Deed
related
—
Apr 18, 2018
$210,000
Trevor Wisniewski
Stc Of Ogemaw County INC
Warranty Deed
—
Oct 9, 2017
—
Trevor Wisniewski
Stc Of Ogemaw County INC
Quit Claim Deed
related
—
Dec 11, 2014
$48,600
Stc Of Ogemaw County INC
Fmm Bushnell Small Lakes LLC
Grant Deed
—
Feb 4, 2013
$63,929
Fmm Bushnell Small Lakes LLC
Bushnell Sheridan LLC
Grant Deed
—
Nov 29, 2012
$170,000
Bushnell Sheridan LLC
Deputy Sheriff Of Saginaw Cnty
Trustees Deed
related
—
Feb 27, 2008
—
Acam Properties LLC
—
Trustees Deed
related
$332,340 · Citizens Federal Bank Fsb
Oct 4, 2007
$91,000
Acam Properties LLC
Wells Fargo Bk NA Mact-5600-01
Grant Deed
—
—
—
Marie B Reiss
—
Deed Of Trust
related
—
—
—
Acam Properties LLC
—
Loan Modification
related
$94,190 · East Michigan Council/governme
—
—
Acam Properties LLC
—
Deed Of Trust
related
$94,190 · East Ctrl Michigan Planning &
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3435 Sheridan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
