5120 Midland RdSaginaw, MI 48603

  • Commercial land
  • 4.00 AC
For Sale
$450,000 View listing

Property Details for 5120 Midland Rd

Lot size
4.00 AC
Zone code
A1-AGRI
Property type
Commercial land
APN
29-13-3-35-3001-010
APU
29133353001010

Description

This exceptional 2-acre commercial land parcel presents a remarkable development opportunity in Saginaw, Michigan. Strategically located at the high-traffic intersection of Midland and Tittabawassee Roads, this property boasts unparalleled commercial exposure. Its adjacency to the newly established H2 Dermatology clinic further enhances its visibility and desirability. The site is ready for immediate development, with existing infrastructure already in place, saving time and resources on preliminary groundwork. This translates to significant cost savings and a faster path to project completion. The property's two-acre size offers ample space for a variety of commercial ventures, from retail establishments and office buildings to light industrial facilities. Given the high traffic counts at this intersection, businesses operating here will benefit from significant daily exposure to potential customers. This is a rare chance to acquire a prime commercial lot in a thriving area, offering substantial potential for return on investment. The asking price of $450,000 reflects the exceptional value and strategic location of this property. Don't miss this opportunity to secure a prominent position in a rapidly developing commercial corridor. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,141,344
    Hospitality
    $31,273,288
    Educational
    $26,019,008
    Medical
    $26,913,842
    Retail
    $40,474,012

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4831
Longitude
-84.0908
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
$1,536
-
-
$70,000
-
-
-
$140,000

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