7360 Gratiot Ave Saginaw, MI 48609
This exceptional investment opportunity presents a fully operational, 100% occupied car wash situated on a prime 1.36-acre lot in Saginaw, Michigan. The property, located at 7360 Gratiot, boasts a 700 square foot building and benefits from high traffic counts due to its strategic location. The asking price is $300,000, translating to $428.57 per square foot. This is a single-tenancy, net lease property, offering a straightforward investment structure. The property's APN is 28-12-3-25-1053-000. The automated and self-service car wash nature of the business ensures a streamlined operation. This turnkey business presents a compelling opportunity for investors seeking a profitable venture in a high-demand market. The property is classified as retail and land, with a commercial subtype and auto shop designation. Its location in Saginaw County, Michigan, zip code 48609 (latitude 43.4164567, longitude -84.059256), provides excellent accessibility and visibility. The current cap rate is 0.00%. This property is a rare find and is expected to generate significant returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.