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Property profile & analytics

11972 Saginaw St Mount Morris, MI 48458

  • Commercial real estate
  • 24,050 SF
  • 2.27 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1329141
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 11972 Saginaw St

Year built
1960
Lot size
2.27 lot acres
Property size
24,050 SF
Zone code
R-1 SF PUD
Property type
Commercial real estate
APN
57-06-300-036
APU
5706300036

Description

This exceptional retail property, located at 11972 N. Saginaw Street in Mount Morris, Michigan, presents a significant investment opportunity. The 24,050 square foot building sits on a 2.27-acre lot and boasts excellent visibility from N. Saginaw Street. Currently occupied by a Save-A-Lot (18,050 sq ft) and a Pet Supplies Plus (6,000 sq ft), this center offers a strong existing tenant base. The property features 224 parking spaces, ensuring ample convenience for customers and employees. The commercial zoning allows for a variety of uses, making it an adaptable space for future growth and expansion. Priced at $1,202,500, or $50 per square foot, this property offers a compelling return on investment. The property's location in Genesee County, Michigan, zip code 48458, provides easy access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a well-established retail center with significant potential. The property's size, location, and existing tenants make it an ideal investment for both seasoned and emerging investors seeking a strong foothold in the Michigan retail market.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Mount Morris
County
Genesee
State
Michigan
Longitude
-83.6933
Latitude
43.1226
CBSA code
22420
CBSA name
FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$24,657
$0.00
$0.00
$508,600
-
$0.00
$0.00
$1,017,200
More about this property
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