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    5151 Dixie Hwy Saginaw, MI 48601

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    Saginaw, MI: 20 acres, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20-acre commercial land parcel, located at 5151 Dixie Highway in Saginaw, Michigan (zip code 48601), presents a unique investment opportunity. The property, identified by APN 09-11-5-05-4021-000, is zoned for commercial use, offering significant flexibility for development. The land itself boasts a level grade and an improved surface, ideal for parking or various commercial uses. The site's previous use as a drive-in theater provides a unique history and potential for redevelopment. Infrastructure is already in place, with sewer, water, electric, and gas services readily available on-site. Two convenient curb cuts enhance accessibility. The property is being offered in two options: a 16-acre parcel for $195,000, and a separate 4-acre parcel for $55,000. Alternatively, the entire 20-acre lot is available for negotiation. This strategically located property in Saginaw County offers substantial potential for a wide range of commercial ventures. Its size, infrastructure, and zoning make it an attractive proposition for developers and investors seeking a prime location in a growing area. The property's history and existing improvements offer a solid foundation for future development. Don't miss this chance to acquire a significant commercial land holding in a desirable Michigan location.

    Property Features for 5151 Dixie Hwy

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • 5151 Dixie Highway, Bridgeport Twp., Saginaw County.
    • 20‑acre industrial‑zoned parcel.
    • 16‑acre parcel, $195,000.
    • 4‑acre parcel, $55,000.
    • Entire 20‑acre parcel available; offers considered.
    • Level, improved site with two curb cuts; former drive‑in theater.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.898599
    Latitude
    43.3856899

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    FAQs

    What type of property is this?
    Land - Saginaw, MI: 20 acres, prime location
    Where is this land located?
    The property is located at 5151 Dixie Hwy Saginaw, MI.
    What are key features of this property?
    This property features: 5151 Dixie Highway, Bridgeport Twp., Saginaw County.; 20-acre industrial-zoned parcel.; 16-acre parcel, $195,000.
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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
    5151 Dixie Hwy Saginaw, MI 48601
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