You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

5605 N Colony Dr Saginaw, MI 48638

Commercial real estate Google Maps
7,752 SF 1.01 ac lot Built 1983
Entity Owned Free & Clear
Estimated value (blended)
$115k
Range $104k – $127k (±10%)
Property ID US43-1806063

Property summary

AI-generated overview

This exceptional 2748-square-foot commercial property, located at 5605 N Colony in Saginaw, Michigan, 48638, presents a unique opportunity for medical or dental professionals. Situated in Saginaw Township near M46, this property enjoys a high-visibility location amongst other established businesses, ensuring excellent accessibility for patients. The space comprises 35% of the building and offers a well-designed layout perfect for a thriving practice. Upon entering, patients are greeted by a welcoming common area complete with public restrooms and a comfortable waiting space. The office itself boasts a spacious waiting room, a dedicated reception area, a private office, six exam rooms, a fully equipped lab room, a convenient kitchenette, a versatile meeting/conference room, two restrooms, and ample storage space throughout. All areas are in excellent condition, ready for immediate occupancy. This turnkey solution eliminates the need for extensive renovations, allowing for a seamless transition and immediate commencement of operations. The property is offered at $299,900. This is a special purpose property, classified as commercial land.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 7,752 SF
Lot 1.01 ac (43,996 SF)
Zoning code B-1
APN 23-12-4-29-2004-002
UPID US43-1806063

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
  • Dental Office
  • Dental Office
  • Physician Medical Clinic
  • Dental Office
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2025
Last sale
$95,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2020
Price N/A
2020
$95,000
2017
Price N/A

Zoning & alternative use

B-1 · Saginaw, MI
Zoning description

B-1 Neighborhood Business The B-1 Neighborhood Business district is intended to provide a transition between more intensive districts and residential areas, with commercial uses and services that meet the needs of reside…

General category COMMERCIAL

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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message