Property summary
This highly visible 0.91-acre commercial land parcel in Saginaw, Michigan, is ideally situated on Bay Road, directly in front of a Walmart/Sam's Club. The property is available as a whole for $1,150,000, encompassing two parcels: a 0.56-acre lot and a neighboring 0.35-acre lot. Each parcel can be purchased separately for $575,000. This exceptional location boasts high traffic counts due to its proximity to a major retail center and a busy intersection. The area is densely populated with numerous established businesses, including Sam's Club gas station, Famous Dave's, Jet's Pizza, Charter Spectrum, Tropical Smoothie, Hooters, Aaron's Rental, Garner Jeep, Nissan, Tractor Supply, Saginaw County Animal Control Clinic, At Home, Culver's, and Home Depot. The property is well-suited for quick-service restaurants (QSR) and fast-food establishments. This presents a unique opportunity for developers seeking a high-traffic location with excellent visibility. Note that any existing billboard is not included in the sale. The property is ready for immediate development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Saginaw, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B-3 in Saginaw, MI.
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