1320 Waldo AveMidland, MI 48642

Property Details for 1320 Waldo Ave

Year built

1985

Lot size

5.00 AC

Property size (Sq ft)

33,800 SF

Zone code

LCMR

Property type

Office buildings

APN

14-13-50-240

APU

141350240

Description

This exceptional Class A office building, located at 1320 Waldo Ave in Midland, Michigan, offers 14,000 square feet of versatile space. The property sits on a five-acre lot, providing ample parking and a serene environment. Its convenient location offers easy access to US-10, placing tenants within close proximity to Dow Headquarters, Davenport University, and the Ridgewood and Ridgecrest areas. The building's executive and traditional office spaces are ideal for a variety of businesses. The zoning is COMMERCIAL-OFFICE, ensuring flexibility for various uses. The property boasts a beautiful setting, surrounded by landscaped grounds and wooded areas, creating a professional yet tranquil atmosphere. This multiple-tenancy building presents a unique opportunity for businesses seeking a prestigious address in Midland, MI. The property's APN is CPIXTAX, and the zip code is 48642. This is a rare opportunity to secure office space in a highly desirable location with excellent access to major roadways and key amenities. The building's size and layout offer flexibility for various business needs. Don't miss this chance to establish your business in this exceptional Midland location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,786,152

  6.5%

  $5,341,064

  7%

  $4,959,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,161,652

  Geo Method

  $3,161,652

• Alternative Use

  Use

  Valuation

  Residential

  $6,622,919

  Hospitality

  $6,066,558

  Educational

  $5,047,305

  Medical

  $5,220,890

  Retail

  $7,851,364

Location Insight

City

Midland

County

Midland

State

Michigan

Latitude

43.6131

Longitude

-84.1866

CBSA code

33220

CBSA name

MIDLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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