Property profile

5660 Bay Rd Saginaw, MI 48604

FOR SALE
Commercial real estate
Property ID
US43-1081459
3,040 SF 0.35 ac lot Built 1978
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents 0.91 acres of prime commercial land in Saginaw, Michigan, ideally situated as an outparcel in front of a Walmart/Sam's Club. The property, comprised of two parcels (0.35 acres and 0.56 acres, available separately or together for $1,150,000), boasts a highly visible location on Bay Road, directly adjacent to Sam's Club gas station and across from Famous Dave's. The site benefits from significant traffic flow due to its proximity to a major retail intersection and is surrounded by a thriving retail environment including Jet's Pizza, Charter Spectrum, Tropical Smoothie, Hooters, Aaron's Rental, Garner Jeep, Nissan, Tractor Supply, Saginaw County Animal Control Clinic, At Home, Culver's, and Home Depot. This location is perfect for quick-service restaurants (QSR) and fast-food establishments seeking high visibility and strong consumer traffic. The property is ready for immediate development. Note that the billboard is not included in the sale. Parcel 2 (0.35 acres) is available for $575,000, and Parcel 1 (0.56 acres) is also available for $575,000. The combined 0.91 acres are offered for $1,150,000. This is a rare opportunity to secure a highly desirable location in a busy retail corridor.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 3,040 SF
Lot 0.35 ac (15,246 SF)
Zoning code B-3
APN 18-13-4-35-2011-000
UPID US43-1081459

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Butcher

Location

5660 Bay Rd Saginaw, MI 48604
Saginaw metro Census 10200 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

B-3 · Saginaw, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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