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    417 Saginaw Rd Midland, MI 48640-4520
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    Property profile & analytics

    417 Saginaw Rd, Midland, MI 48640-4520

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    • Retail residential properties
    • 13,398 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US43-2501759
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lim's Tae Kwon Do Academy / Training Center / Sports School

    Property Details for 417 Saginaw Rd

    Year built
    1958
    Lot size
    0.17 lot acres
    Zone code
    RC
    Property type
    Retail residential properties
    APN
    14-15-80-476
    APU
    141580476

    Description

    This exceptional Midland, MI industrial property at 417 S Saginaw boasts 13,398 square feet on a 0.16-acre lot. The building offers a unique blend of commercial and residential income streams. Currently, two of the four available commercial units are leased to reliable, long-term tenants with a proven history of on-time payments. These existing leases provide a stable and predictable revenue stream. The property also includes seven residential apartments on the second floor, further diversifying the income potential and adding to the overall return on investment. Two additional commercial spaces are currently vacant, presenting a significant opportunity for expansion and increased revenue generation. The strategic location between Saginaw Road and Cambridge ensures high visibility and accessibility, benefiting from consistent heavy traffic flow. Surrounding businesses are thriving, creating a strong and supportive commercial environment. The property's dual-street access enhances convenience and operational efficiency. This property offers a rare combination of immediate income, significant development potential, and a prime location, making it an attractive investment opportunity for discerning buyers seeking strong returns and long-term growth.


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    Location Insight

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    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2234
    Latitude
    43.6239
    CBSA code
    33220
    CBSA name
    MIDLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,214
    $0.00
    $0.00
    $234,700
    -
    $0.00
    $0.00
    $469,400
    More about this property
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