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    2903 Sheridan Ave Saginaw, MI 48601

    For Sale
    $89,000

    Prime 0.625-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.625-acre vacant commercial land parcel presents a unique investment opportunity in Saginaw, Michigan. Located at 2903 Sheridan Ave, this property boasts a highly desirable location within Saginaw County, offering convenient access to a wealth of amenities. Nearby, you'll find a variety of shopping centers, restaurants, office buildings, and medical facilities, ensuring a vibrant and thriving commercial environment. The strategic positioning near the intersection of I-75 and I-675 provides unparalleled connectivity, making this site easily accessible for both employees and customers. The lot itself measures 160.28 feet by 169.99 feet, providing ample space for a wide range of development possibilities. Currently zoned M-2 Industrial, this property is ready for your vision. With its prime location, convenient access to major highways, and versatile zoning, this land parcel represents a compelling investment opportunity with significant potential for future growth and profitability. The asking price for this exceptional property is $89,000. Don't miss this chance to secure a piece of Saginaw's thriving commercial landscape.

    Property Features for 2903 Sheridan Ave

    General Information

    Property type
    Land
    Lot Size
    27,225 SF

    HighLights

    • 0.625‑acre vacant commercial land parcel in Saginaw, MI.
    • Located at 2903 Sheridan Ave, Saginaw County.
    • Excellent access to amenities, including shopping, restaurants, offices, and medical facilities.
    • Strategic I‑75 and I‑675 proximity for easy accessibility.
    • 160.28' x 169.99' lot size, suitable for various developments.
    • M‑2 Industrial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.93634
    Latitude
    43.40003

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    FAQs

    What type of property is this?
    Land - Prime 0.625-acre lot, ideal for development.
    Where is this land located?
    The property is located at 2903 Sheridan Ave Saginaw, MI.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: 0.625-acre vacant commercial land parcel in Saginaw, MI.; Located at 2903 Sheridan Ave, Saginaw County.; Excellent access to amenities, including shopping, restaurants, offices, and medical facilities.
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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
    2903 Sheridan Ave Saginaw, MI 48601
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