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Redevelopment Warehouse Site
For Sale
$540,000
Pending

5495 State St, Saginaw, MI 48603

Redevelopment opportunity totaling 1.68 acres with existing buildings across two parcels.

Property SizeContact for details
Days on Market133

Property Features for 5495 State St

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,320
Listing Agency: Wilson Realty Inc.
Listed By: Nathon Wilson · License #6506042802
Source: Elliman
Added: Apr 27 Changed: Sep 4 Last Checked: Sep 5 at 9:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilson Realty Inc.

Investment Insights

Based on property information with market context.

This redevelopment warehouse site totals 1.68 acres and includes two parcels, identified as 23-12-4-20-1016-000 and 23-12-4-20-1015-000. The listing includes existing buildings on both parcels, offering a groundwork option for buyers looking to re-purpose the property.

The property is located at 5495 State St in Saginaw Charter Township, MI 48603. WalkScore is 59 (Somewhat Walkable) and BikeScore is 52 (Bikeable), supporting basic access by non-vehicular means.

Key Highlights

  • 1.68‑acre redevelopment site with existing buildings on two parcels
  • Includes 2 parcels: 23‑12‑4‑20‑1016‑000 and 23‑12‑4‑20‑1015‑000
  • BikeScore 52 (bikeable) and walkScore 59 (somewhat walkable)

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48603, MI

27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Handy Self-Serve Storage 6105 State St, Saginaw, MI 48603

Frequently Asked Questions

What type of property is this?
Warehouse - Redevelopment opportunity totaling 1.68 acres with existing buildings across two parcels.
Where is this warehouse located?
The property is located at 5495 State St Saginaw, MI.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1.68‑acre redevelopment site with existing buildings on two parcels; Includes 2 parcels: 23‑12‑4‑20‑1016‑000 and 23‑12‑4‑20‑1015‑000; BikeScore 52 (bikeable) and walkScore 59 (somewhat walkable)
More about this property
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