420 Waldo AveMidland, MI 48642

Property Details for 420 Waldo Ave

Year built

1948

Lot size

1.35 AC

Property size (Sq ft)

11,783 SF

Zone code

RA4

Property type

Strip malls

Property subtype

Neighborhood centers

APN

14-24-60-516

APU

142460516

Description

This exceptional executive office space at 420 Waldo Ave in Midland, MI 48642 offers a prime location and flexible layouts. The property boasts a total of 5,200 square feet across four single-story buildings, all renovated in 2021. Currently, the entire 5,200 square feet is available for lease, with a minimum divisible space of 800 square feet and a maximum contiguous space of 1,000 square feet. Seven individual suites are available, perfect for businesses of various sizes. The property sits on a one-acre lot and provides ample parking with 20 spaces. Its strategic location offers high traffic counts and excellent proximity to major employers including Dow Corporate, Dow Michigan Operations, Corteva, Dupont, and Costco, ensuring high visibility and convenient access for employees and clients. The lease terms are NNN. This is an exceptional opportunity for businesses seeking modern, well-maintained office space in a thriving Midland location. The property's recent renovation ensures contemporary amenities and a professional environment. Contact us today to schedule a viewing and secure your ideal office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,965,148

  6.5%

  $2,737,060

  7%

  $2,541,556

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,777,498

  Geo Method

  $2,777,498

• Alternative Use

  Use

  Valuation

  Residential

  $2,308,812

  Hospitality

  $2,114,860

  Educational

  $1,759,538

  Medical

  $1,820,052

  Retail

  $2,737,060

Location Insight

City

Midland

County

Midland

State

Michigan

Latitude

43.6043

Longitude

-84.1871

CBSA code

33220

CBSA name

MIDLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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