One Acre for Development on Gratiot Commercial Corridor at River Road

Vacant Land for Sale
Catylist Listing ID: 30344692
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 1.10 Acres
Sale Price: $220,000
Unit Price: $200,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

Located at the Northeast corner of Gratiot and River Road and signaled intersection. Great visibility and access for any development. Formerly a drive thru party store, which has been demolished and removed. The site is vacant and clear for new development. Jack's fruit market is on the Northwest corner with Advance Auto across the street and BP Gas Station on the Southwest corner. High traffic count.

Attachments & Media

Financials

Finance Data Year 2018
Assessed Value - Total($) $94,600 (Annual)
Real Estate Taxes - Annual($) $4,496 (Annual)

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Thomas Township
Tax ID/APN: 28-12-4-30-2009-000
Zoning: B-3
Property Visibility: Excellent
Legal Description: S. 208.7 FT.OF W. 231.16 FT.OF NW1/4 - 1.1 ACRE. SEC 30 T12N R4E
Largest Nearby Street: River
Feet of Frontage: 231
Lot Frontage: 231
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,475 36,365 87,694
Median Age: 40.92 43.64 40.16
Households: 2,342 15,996 36,620

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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