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    FOR SALE
    Commercial land

    4000 Silverwood Dr, Saginaw, MI 48603

    0.52 ac lot
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US43-1063489
    4000 Silverwood Dr, Saginaw, MI 48603 For Sale
    $59,900
    4000 Silverwood Dr, Saginaw, MI 48603
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Saginaw, Michigan. Located at 4000 Silverwood Drive, Saginaw County, MI 48603 (43.452124, -83.989963), this property is zoned for commercial use, offering significant potential for development. The asking price is $59,900. The site boasts convenient access to essential utilities, including readily available city water and sewer connections. This eliminates the significant upfront costs and delays often associated with establishing new utility infrastructure. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments and office buildings to light industrial facilities. Its strategic location within Saginaw offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property's flat topography simplifies construction and site preparation, further enhancing its appeal to developers. This is a rare opportunity to acquire a well-situated, fully serviced commercial lot in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.52 ac (22,564 SF)
    Zoning code B-1
    APN 23-12-4-10-3005-101
    UPID US43-1063489
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ryan Greenwood · 3 yrs held
    Ryan Greenwood
    since 2023
    Last sale
    $40,000
    2 recorded transactions
    2023
    $40,000
    2009
    $400,000
    Zoning & alternative use
    B-1 · Saginaw, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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