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    607 Saginaw Rd Midland, MI 48640-4610

    • Retail space
    • 5,986 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Feb 27, 2025
    $256,484
    Location Intelligence
    Property ID
    US43-2141648
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 607 Saginaw Rd

    Year built
    1961
    Lot size
    0.62 lot acres
    Property size
    5,986 SF
    Zone code
    RC
    Property type
    Retail space
    APN
    14-15-70-012
    APU
    141570012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $380,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $465,000
      Mixed-Use
      $430,000
      Hospitality
      $420,000
      Educational
      $445,000
      Residential Income
      $440,000
      Energy
      $385,000
      Income-Based Land
      $450,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2217
    Latitude
    43.6225
    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
    $7,997
    $0.00
    $0.00
    $155,100
    -
    $0.00
    $0.00
    $310,200

    Comparable in this City

    • Value Estimation by Request
      3,566 SF

      715 George St

      RETAIL STORES (PERSONAL SERVICES) • 3,566 SF
      715 George St, Midland, MI 48640-5329
      View Details
    • Value Estimation by Request
      22,670 SF

      4906 Saginaw Rd

      RETAIL STORES (PERSONAL SERVICES) • 22,670 SF
      4906 Saginaw Rd, Midland, MI 48640-2324
      View Details
    • Value Estimation by Request
      12,561 SF

      3622 Saginaw Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,561 SF
      3622 Saginaw Rd, Midland, MI 48640-2320
      View Details
    • Value Estimation by Request
      18,797 SF

      404 Saginaw Rd

      RETAIL STORES (PERSONAL SERVICES) • 18,797 SF
      404 Saginaw Rd, Midland, MI 48640-4521
      View Details
    • Value Estimation by Request
      15,000 SF

      1910 Saginaw Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      1910 Saginaw Rd, Midland, MI 48640-6613
      View Details
    • Value Estimation by Request
      3,475 SF

      715 Haley St

      RETAIL STORES (PERSONAL SERVICES) • 3,475 SF
      715 Haley St, Midland, MI 48640-5311
      View Details

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    Similar Nearby for Lease

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      Office space for rent with ample parking and elevator access.
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    • $2,000 /Mo
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      Office Space in Midland, MI

      Office space for lease with utilities and internet included.
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      Midland, MI Office Space for Lease

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      View Details

    Property Visit Statistics

    • Visits by month
      17.4k
    • Visitors by month
      8.1k
    • Avg Time on site
      7 min
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    Midland, MI 48640-4610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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