Commercial-Zoned Modular
13148 N saginaw Road Clio, MI 48420
13148 N saginaw Road, Clio, MI, 48420
$160,000
Pending
For Sale
$160,000
Pending
COMMERCIAL - Clio, MI
Property Size1,127 SF
Lot Size0.83 Acres
Days on Market173
Property Features for 13148 N saginaw Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Pending
- APN
- 18-11-300-017
- Size
- 1,127 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1048
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s)
- Water source
- Private
Building Details
- Year built
- 1979
Listing Agency
Century 21 Signature Realty - Bay City
(989) 686-4500
415 S Euclid Ave, Saginaw, MI
Listed by
Kelsi Long · License #6501437083
(989) 475-5679
Added: Jan 28 Updated: Jun 3 at 5:40 pm Checked: Jul 20 at 6:06 pm
MLS# 50198362
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale modular home offers 3 bedrooms and 1.5 bathrooms on a lot of 0.83 acres. The property is described as commercial-zoned while also being eligible for residential financing, based on confirmation with a lender arranged through the listing agent. The home’s site benefits from a setting that sits back from the roadway, while still being visible from a main thoroughfare. Well and septic inspections have been completed and passed.
The property is located along a main thoroughfare and is positioned to provide both accessibility and reduced day-to-day traffic noise. It is noted to be surrounded by neighboring homes, giving the area a more residential feel even though the zoning supports commercial use.
For buyers or operators, the combination of commercial zoning and an existing residence can support a range of plans, including occupying the home while pursuing business use consistent with applicable requirements and approvals. Because the property’s financing eligibility is lender-dependent and subject to confirmation, interested parties should coordinate with the listing agent and their preferred lender to understand the available options.
The property is located along a main thoroughfare and is positioned to provide both accessibility and reduced day-to-day traffic noise. It is noted to be surrounded by neighboring homes, giving the area a more residential feel even though the zoning supports commercial use.
For buyers or operators, the combination of commercial zoning and an existing residence can support a range of plans, including occupying the home while pursuing business use consistent with applicable requirements and approvals. Because the property’s financing eligibility is lender-dependent and subject to confirmation, interested parties should coordinate with the listing agent and their preferred lender to understand the available options.
Key Highlights
- 3‑bedroom, 1.5‑bath home on nearly 1 acre with commercial zoning
- Well and septic inspections completed and passed
- Modular home built in 1979
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.6k | $14.76 |
| − Vacancy | −$932 | −$0.83 |
| EGI | $15.7k | $13.93 |
| − OpEx | −$7.1k | −$6.27 |
| NOI | $8.6k | $7.66 |
1,127 SF · lease $14.76/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$123.4K
$108.0K – $144.0K
NOI $8,637 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.2K
$207.5K – $276.7K
NOI $16,601 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - 3-bedroom, 1.5-bath modular home on a main thoroughfare with passed well and septic inspections, set back for privacy.
Where is this single family property located?
The property is located at 13148 N saginaw Road Clio, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 3‑bedroom, 1.5‑bath home on nearly 1 acre with commercial zoning; Well and septic inspections completed and passed; Modular home built in 1979
