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Property profile

7360 Gratiot Ave Saginaw, MI 48609

OFF-MARKET
Retail properties & Spaces
700 SF 1.36 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 700 SF
Lot 1.36 ac (59,242 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7360 Gratiot Ave Saginaw, MI 48609
Saginaw metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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