11544 Saginaw RdClio, MI 48420

  • Commercial real estate
  • 5,460 SF
For Sale
$474,900 View listing

Property Details for 11544 Saginaw Rd

Year built
2000
Lot size
0.50 AC
Property size (Sq ft)
5,460 SF
Zone code
C-2
Property type
Commercial real estate
APN
18-24-501-032
APU
1824501032

Description

This exceptional industrial property, located at 11544 N Saginaw in Clio, Michigan, presents a compelling investment opportunity. Boasting a generous 5,460 square feet of space on a half-acre corner lot in Vienna Township, this building benefits from exceptional visibility with over 9,000 vehicles passing daily. The strategic location ensures high traffic exposure, ideal for a variety of businesses. Access is convenient with 14-foot garage doors situated at both the front and rear of the building, facilitating efficient loading and unloading. Inside, the property features a substantial 16-foot ceiling height, maximizing storage and operational space. A well-appointed office area includes two restrooms, providing comfortable and functional workspace. Recent upgrades enhance the property's value and longevity

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,059,310
    6.5%
    $977,826
    7%
    $907,981
  • Comparable approach

    Method
    Valuation
    Relative Method
    $510,728
    Geo Method
    $510,728
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,899,620
    Retail / Commercial
    $979,106
    Mixed-Use / Specialty
    $979,549
    Hospitality / Lodging
    $723,784
    Office
    $977,826
    Institutional / Educational
    $1,019,740
    Residential Income
    $1,193,100
    Multifamily
    $1,409,130
    Automotive / Energy
    $874,064
    Parking / Income-Based Land
    $297,743
    Restaurant / Food Service
    $517,864
    Healthcare / Senior Housing
    $1,000,480

Location Insight

City
Clio
County
Genesee
State
Michigan
Latitude
43.1765
Longitude
-83.7134
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
2019
$3,893
-
-
$83,000
-
-
-
$166,000

FAQs

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