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    5200 Saginaw Rd Midland, MI 48640

    Sponsored
    For Sale
    $350,000

    5.66 Acres, Prime Redevelopment Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 5.66-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving city of Midland, Michigan. Located at 5200 N. Saginaw, this property boasts a highly visible corner location, ensuring maximum exposure for any future development. The expansive lot size offers significant potential for a variety of commercial ventures, from retail and office spaces to industrial facilities or mixed-use projects. Its strategic positioning within Midland provides easy access to major transportation routes and a robust local economy. The asking price for this prime piece of real estate is $350,000. This represents a significant investment opportunity in a rapidly growing area. Detailed site surveys and environmental reports are available upon request. The property is zoned for commercial use, allowing for a wide range of development possibilities. Prospective buyers are encouraged to conduct their own due diligence to fully assess the potential of this exceptional property. This is a rare chance to acquire a substantial land parcel in a desirable location, offering significant long-term growth potential. The property's size and location make it an ideal candidate for a large-scale development project or a portfolio addition for an experienced investor. Don't miss this chance to secure a piece of Midland's vibrant commercial landscape. The address is 5200 N. Saginaw, Midland, MI 48640.

    Property Features for 5200 Saginaw Rd

    General Information

    Property type
    Land
    Lot Size
    246,550 SF

    HighLights

    • $350,000 asking price.
    • 5.66‑acre commercial land parcel.
    • Located in Midland, MI, at 5200 N. Saginaw Road, zip code 48640.
    • Redevelopment opportunity.
    • High‑traffic corner location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.3331694
    Latitude
    43.5932134

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    FAQs

    What type of property is this?
    Land - 5.66 Acres, Prime Redevelopment Site
    Where is this land located?
    The property is located at 5200 Saginaw Rd Midland, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 5.66-acre commercial land parcel.; Located in Midland, MI, at 5200 N. Saginaw Road, zip code 48640.
    Request Owner's contact information
    5200 Saginaw Rd Midland, MI 48640
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    Midland, MI 48640
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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
    5200 Saginaw Rd Midland, MI 48640
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