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    1140 Outer Dr Saginaw, MI 48601

    Sponsored
    For Sale
    $420,000

    Prime Saginaw retail space, 5,015 SF, ample parking.

    Property size:
    5,015 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a 5,015-square-foot freestanding building located at 1140 S Outer Dr, Saginaw, MI 48601. The property, built in 1980, sits on a generous 1.49-acre lot and boasts 35 dedicated parking spaces, complemented by a convenient three-lane drive-thru. The building is zoned TC (Town Center District), offering significant flexibility for a variety of retail uses. Its strategic location on South Outer Drive, approximately half a mile west of I-75, ensures high visibility and accessibility. The asking price for this well-maintained property is $420,000, translating to a price per square foot of $83.75. The property's parcel number is 10-12-5-28-2010-000. This presents a rare chance to acquire a substantial retail space in a desirable Saginaw location with excellent access and ample parking. The property's size and zoning make it suitable for a wide range of retail businesses. Don't miss this opportunity to secure a prime commercial property in a thriving area.

    Property Features for 1140 Outer Dr

    General Information

    Property type
    Retail properties
    Square Feet
    5,015 SF
    Lot Size
    64,904 SF

    Building Details

    Year Built
    1980

    HighLights

    • Former PNC Bank building for sale in Saginaw.
    • 5,015 square foot building on 1.46 acres.
    • Excellent location on S Outer Drive, 1⁄2 mile west of I‑75.
    • Features 35 parking spaces and a 3‑lane drive‑thru.
    • Town Center (TC) zoning.
    • Asking price: $420,000
    Property Profile Location Intelligence

    Current Use by Public Records

    PNC ATM Atm

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Wholesale Shop Skin Care Clinic Accounting Firm Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.8955544
    Latitude
    43.4164554

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    FAQs

    What type of property is this?
    Retail property - Prime Saginaw retail space, 5,015 SF, ample parking.
    Where is this retail property located?
    The property is located at 1140 Outer Dr Saginaw, MI.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: Former PNC Bank building for sale in Saginaw.; 5,015 square foot building on 1.46 acres.; Excellent location on S Outer Drive, 1⁄2 mile west of I-75.
    (248) 848-4133
    Request Owner's contact information
    1140 Outer Dr Saginaw, MI 48601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140 Outer Dr Saginaw, MI 48601
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