7620 Midland RdFreeland, MI 48623

  • Commercial real estate
  • 56,576 SF

Property Details for 7620 Midland Rd

Lot size
6.41 AC
Property size (Sq ft)
56,576 SF
Zone code
A1-AGRI
Property type
Commercial real estate
APN
29-13-3-21-1057-001
APU
29133211057001

Description

This exceptional 1-acre commercial outlot presents a remarkable investment opportunity in the thriving Freeland, Michigan market. Located at 7620 Midland Rd (M-47), this property boasts significant frontage on a heavily trafficked retail corridor, ensuring high visibility and accessibility for any business. The parcel is zoned C-2 (GB) - General Business, allowing for a diverse range of commercial uses, including the possibility of drive-thru facilities. Its strategic location in the outlot of Pat's Do It Best further enhances its appeal and potential for synergistic partnerships. The ample space allows for flexibility in development, accommodating larger outlot buildings if desired by the future tenant. The property's prime location and zoning regulations create an ideal setting for businesses seeking high visibility and convenient access to a substantial customer base. Furthermore, the site presents a unique opportunity for the incorporation of EV charging stations, aligning with current market trends and sustainability initiatives. The APN is 29-13-3-21-1057-001. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Saginaw County, Michigan, with a zip code of 48623. Don't miss this chance to secure a prominent location for your business venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,085,748
    Hospitality
    $10,154,485
    Educational
    $8,448,412
    Medical
    $8,738,966
    Retail
    $13,141,975

Location Insight

City
Freeland
County
Saginaw
State
Michigan
Latitude
43.5201
Longitude
-84.1197
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
$117,460
-
-
$2,486,600
-
-
-
$4,973,200

FAQs

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