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Property profile & analytics

5050 Gratiot Rd Saginaw, MI 48638

  • Commercial real estate
  • 11,114 SF
  • 1.60 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1588944
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

  • James E. Weiss, RPh / Pharmacy
  • Rite Aid / Convenience Store / General Store
  • Western Union / Money Transfer Service
  • higi / Health Consultant
  • Ann Hetzner / Pharmacy

Property Details for 5050 Gratiot Rd

Year built
1999
Lot size
1.60 lot acres
Property size
11,114 SF
Zone code
B-3
Property type
Commercial real estate
APN
23-12-4-29-1008-000
APU
23124291008000

Description

This exceptional 11,114 square foot retail storefront, located at 5050 Gratiot Rd in Saginaw, Michigan, presents a remarkable investment opportunity. Situated on a 1.604-acre lot, this property boasts a prominent location at the intersection of M-46 (Gratiot) and Center Road in Saginaw Township, ensuring high visibility and accessibility. Built in 1999, the single-story building is currently vacant, offering a blank canvas for a wide range of retail businesses. The property is zoned B-3, allowing for diverse commercial uses. The former Rite Aid location offers ample space for a variety of retail concepts, benefiting from its established infrastructure and convenient access for customers. With its substantial size and prime location, this property is poised for significant success. The asking price is $1,750,000. This is a for sale by owner listing. The property features one building and is currently vacant. Serious inquiries only.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Saginaw
County
Saginaw
State
Michigan
Longitude
-84.0154
Latitude
43.4159
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, 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
2022
$21,217
$0.00
$0.00
$614,600
-
$0.00
$0.00
$1,229,200
More about this property
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