Property profile

5680 Bay Rd Saginaw, MI 48604

FOR SALE
Commercial land
Property ID
US43-0344147
1,406 SF 0.43 ac lot Built 1920
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This highly visible 0.91-acre commercial land parcel in Saginaw, Michigan, is ideally situated on Bay Road, directly in front of a Walmart/Sam's Club. The property is available as a whole for $1,150,000, encompassing two parcels: a 0.56-acre lot and a neighboring 0.35-acre lot. Each parcel can be purchased separately for $575,000. This exceptional location boasts high traffic counts due to its proximity to a major retail center and a busy intersection. The area is densely populated with numerous established businesses, including Sam's Club gas station, Famous Dave's, 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. The property is well-suited for quick-service restaurants (QSR) and fast-food establishments. This presents a unique opportunity for developers seeking a high-traffic location with excellent visibility. Note that any existing billboard is not included in the sale. The property is ready for immediate development.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1920
Total area 1,406 SF
Lot 0.43 ac (18,731 SF)
Zoning code B-3
APN 18-13-4-35-2015-000
UPID US43-0344147

Cap rate & NOI

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

Location

5680 Bay Rd Saginaw, MI 48604
Saginaw metro Census 10200 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2023
Last sale
$50,000
2 recorded transactions
2023
$50,000
2011
$40,000

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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More about this property
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