This exceptional 7.79-acre commercial land parcel presents a remarkable investment opportunity in Saginaw, Michigan. Strategically located at the I-75 and M-46 (Holland Road) interchange, this property boasts high visibility and convenient access. The site offers approximately 700 feet of frontage on Holland Road and over 400 feet on Outer Drive, providing ample space for a variety of development projects. Its ideal location makes it particularly well-suited for retail uses, such as a large gas station, truck stop, hotel, or restaurant complex. The property comprises two parcels. The larger parcel, previously occupied by a motel, has been cleared, offering a clean slate for new construction. The adjacent parcel currently houses the Buena Vista Township Hall, slated for relocation in the future. This parcel also includes an 8,911 square foot building, originally a bank, featuring a vault, 14 offices, a conference room, and a meeting hall. Further enhancing the property's utility is a 2,560 square foot heated pole barn with two overhead doors. This prime location and versatile land offer significant potential for substantial returns. The asking price for this exceptional development opportunity is $1,325,000. This property is zoned for commercial use and is ready for immediate development.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$39,006,444
Hospitality
$35,729,696
Educational
$29,726,686
Medical
$30,749,032
Retail
$46,241,512
Location Insight
City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4154
Longitude
-83.8947
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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