Listing Agency: CBRE - Detroit m***@cbre.com Show Phone

Listed By: Matthew Croswell · License #6501367356 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 19 Last Checked: Aug 20 at 2:39PM

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Investment Insights

Based on property information with market context.

This commercial land, situated on Gratiot Road between M-47 and Center Road, offers approximately 3.5 acres for sale, with the possibility of dividing the parcel. The location benefits from high traffic volume, exceeding 20,000 vehicles per day. Utilities are available to the site. The property presents a potential opportunity for a drive-thru business. Nearby retailers include Meijer, Walmart, Tractor Supply Co, Aldi, Menards, and Kroger.

Key Highlights

• High traffic location on Gratiot Road with over 20,000 vehicles per day.
• ±3.5 acres available, with the option to divide the land.
• Utilities are available to the site.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop 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

388

Businesses Nearby

Explore this area Business Placement

Demographics for 48638, MI

13,199

Population

6,479

Households

2

Avg Household Size

42

Median Age

36%

College-Educated

95%

High-School Grad

6.5 sq mi

ZIP Area

2,031

Density / Sq Mi

$63,444

Median Household Income

$44,281

Median Earnings

$948

Median Rent

$161,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 3.5 acres of commercial land for sale on Gratiot Road.

Where is this commercial land located?

The property is located at 5880 Gratiot Road Saginaw, MI.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: High traffic location on Gratiot Road with over 20,000 vehicles per day.; ±3.5 acres available, with the option to divide the land.; Utilities are available to the site.