Property profile

3600 Centennial Dr Midland, MI 48642

OFF-MARKET
Manufacturing properties
Property ID
US43-2449315
4,000 SF 2.58 ac lot Built 1987
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building, situated on a 2.58-acre lot in Midland, Michigan, presents a unique investment opportunity. Built in 1987 and extensively renovated in 2018, the 4,000 square foot single-story structure offers versatile space suitable for executive offices, flexible work environments, or research and development. The property boasts a recently updated roof and furnace, ensuring efficient and cost-effective operation. A convenient small storage area with grade-level access is included. The expansive lot provides significant potential for future expansion, with ample space to add approximately 12,000 square feet of additional building area. The property is zoned INDUSTRIAL, offering flexibility for a variety of uses. The asking price is $470,000, and financing options include cash or mortgage. Located at 3600 Centennial Dr, Midland, MI 48642 (APN: 14-24-50·290), this property offers a compelling combination of functionality, modern amenities, and significant expansion potential in a desirable location. The building's single-tenancy status provides ease of management and control. The property's size is approximately 4,000 square feet, situated on a 2.58-acre lot (approximately 112,385 square feet).

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Total area 4,000 SF
Lot 2.58 ac (112,385 SF)
Zoning code IA
APN 14-24-50-290
UPID US43-2449315

Cap rate & NOI

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

Location

3600 Centennial Dr Midland, MI 48642-6936
Midland metro Census 290600 MIDLAND, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2026
3 recorded transactions
2026
$425,000
2018
$305,000
2018
Price N/A

Zoning & alternative use

IA · Midland, MI
Zoning description

IA Industrial A District IB Industrial B District Section 9.02 - STATEMENTS OF PURPOSE A. Agricultural District The Agricultural District is intended to provide areas of the City for agricultural use, and other compatibl…

General category INDUSTRIAL

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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