8-Bay Self-Service Car
For Sale
$289,900
5790 Dixie Hwy, Saginaw, MI 48601
Automotive service property with multiple customer-use wash bays on a sizable commercial parcel.
Property Size3,920 SF
Price / SF$73.95
Days on Market114
Property Features for 5790 Dixie Hwy
General Information
Standard status
Active
Size
3,920 SF
Property subtype
Retail
Building Details
Building Size
3,920 SF
Listing Agency:
CENTURY 21 Signature Realty
Listed By:
Kenneth M. Kujawa · License #6502333762
(989) 239-5581
Source:
Cpix.resimplifi
Added: Jun 25
Changed: Oct 13
Last Checked: Oct 16 at 5:52AM
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 CENTURY 21 Signature Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This self-service car wash includes eight customer-operated wash bays on a parcel measuring more than 2 acres. The configuration is dedicated to automotive washing and provides a straightforward commercial operating layout.
The property is located at 5790 Dixie Hwy in Bridgeport Township, Saginaw, Michigan. Its highway setting provides direct customer access and visibility from Dixie Hwy.
The property is located at 5790 Dixie Hwy in Bridgeport Township, Saginaw, Michigan. Its highway setting provides direct customer access and visibility from Dixie Hwy.
Key Highlights
- Eight self‑service wash bays
- Parcel exceeds 2 acres
- Located at 5790 Dixie Hwy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,440
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,800
$408.8K
Cap Rate 7%
$292,000
$292.0K
Cap Rate 9%
$227,111
$227.1K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$30.6K $7.80/SF
− Vacancy
−$1.4K −$0.35/SF
EGI
$29.2K $7.45/SF
− OpEx
−$8.8K −$2.23/SF
NOI
$20.4K $5.21/SF
Area
Saginaw County, MI
Vacancy
4.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,800
Cap Rate 7%
$292,000
Cap Rate 9%
$227,111
Alternative Uses
Best Use
Specialty Retail
$724.2K
$633.7K – $845.0K
NOI $50,697 @ 7.0% cap · market cap 17.49%
Second Best
Retail
$417.1K
$365.0K – $486.6K
NOI $29,197 @ 7.0% cap · market cap 10.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 48601, MI
32,165
Population
16,220
Households
2
Avg Household Size
39
Median Age
8%
College-Educated
86%
High-School Grad
104.3 sq mi
ZIP Area
308
Density / Sq Mi
$37,830
Median Household Income
$27,218
Median Earnings
$836
Median Rent
$54,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Self service car wash - Automotive service property with multiple customer-use wash bays on a sizable commercial parcel.
Where is this self service car wash located?
The property is located at 5790 Dixie Hwy Saginaw, MI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Eight self‑service wash bays; Parcel exceeds 2 acres; Located at 5790 Dixie Hwy
