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    7535 Martin Rd Saint Charles, MI 48655
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    7535 Martin Rd Saint Charles, MI 48655

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    • Industrial properties
    • 99,672 SF
    • 10.64 lot acres
    For Sale
    $3,750,000
    View Listing →
    Industrial Property with Paved Parking For Sale
    $3,750,000
    99,672 SF

    Industrial Property with Paved Parking

    Manufacturing and industrial property with ample parking, available for sale.

    7535 Martin Rd, Saint Charles, MI 48655
    View Listing
    Property ID
    US43-1805493
    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

    • Industrial properties

    Property Details for 7535 Martin Rd

    Year built
    1987
    Lot size
    10.64 lot acres
    Property size
    99,672 SF
    Property type
    Industrial properties
    APN
    26-11-3-32-4003-001
    APU
    26113324003001

    Description

    This exceptional 99,672-square-foot industrial property, located at 7535 Martin Rd, Saint Charles, MI 48655, presents a unique investment opportunity. Originally designed for boat manufacturing, this distribution and warehouse space boasts a 20-foot ceiling height, ideal for various industrial uses. The property includes one loading dock, facilitating efficient loading and unloading operations. Ample parking is available with 125 paved spaces. The asking price is $3,750,000, translating to a price per square foot of $37.62. Situated in Saginaw County, this strategically located facility offers easy access to major transportation routes, enhancing logistical efficiency. Beyond its sale price, this property is also available for lease at an annual rate of $3.50 per square foot. The property's robust construction and expansive layout make it suitable for a wide range of industrial and distribution businesses seeking a well-maintained and spacious facility in a desirable Michigan location. This is a rare opportunity to acquire a substantial industrial property with significant potential for growth and profitability. The property's history in boat building provides a unique character, while its adaptable design caters to modern industrial needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,997,000
      Market price range: $2.15M - $6.10M
      AI Estimate
      $2,997,000
      Market price range: $2.15M - $6.10M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,900,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Charles
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.1401
    Latitude
    43.3144
    CBSA code
    40980
    CBSA name
    SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN 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
    $34,359
    $0.00
    $0.00
    $1,071,000
    -
    $0.00
    $0.00
    $2,142,000

    Comparable in this City

    • Value Estimation by Request
      3,300 SF

      11980 Beaver Rd

      INDUSTRIAL (GENERAL) • 3,300 SF
      11980 Beaver Rd, Saint Charles, MI 48655-9687
      View Details
    • Value Estimation
      $705,000
      23,586 SF

      12030 Beaver Rd

      INDUSTRIAL (GENERAL) • 23,586 SF
      12030 Beaver Rd, Saint Charles, MI 48655-9681
      View Details
    • Value Estimation by Request
      14,544 SF

      11975 Beaver Rd

      INDUSTRIAL (GENERAL) • 14,544 SF
      11975 Beaver Rd, Saint Charles, MI 48655-9687
      View Details
    • Value Estimation
      $1,520,000
      66,047 SF

      5301 Graham Rd

      INDUSTRIAL (GENERAL) • 66,047 SF
      5301 Graham Rd, Saint Charles, MI 48655-8522
      View Details
    • Value Estimation by Request
      648 SF

      10500 Mckeighan Rd

      INDUSTRIAL (GENERAL) • 648 SF
      10500 Mckeighan Rd, Saint Charles, MI 48655-8637
      View Details
    • Value Estimation
      $1,275,000
      53,972 SF

      Beaver Rd

      INDUSTRIAL (GENERAL) • 53,972 SF
      Beaver Rd, Saint Charles, MI 48655
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      99,672 SF

      Industrial Property with Paved Parking

      Manufacturing and industrial property with ample parking, available for sale.
      7535 Martin Rd, Saint Charles, MI 48655
      View Details
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    View Listing
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    Saint Charles, MI 48655
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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