REDUCED! 2 houses/ I75 at M84 Devpmt Parcels.TRADEMARK 989-792-6400

Vacant Land for Sale
Catylist Listing ID: 29979279
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 3.05 Acres
Sale Price: $229,000
Unit Price: $75,081 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/13/2018

Overview / Comments

NOW SIGNIFICANTLY REDUCED! Outstanding redevelopment opportunity at the I-75 / M-84 (Westside Saginaw Road) interchange [I-75 EXIT 160]. This 3+ acre site is a few hundred yards east of the interstate with great visibility from northbound traffic.

The site consists of two parcels (separate tax IDs) and currently contains two residential rental homes that are in exceptionally good condition that could provide rental income to the investor prior to redevelopment. The property is future zoned commercial and is the remaining developable land near the exit with a Lutheran church and school occupying much of the nearby property. BOTH HOUSES ARE LEASED!

Call Gretchen Witherspoon at Trademark Commercial Group 989-792-6400 for more information and to schedule a confidential showing.

Additional Details

Nearest MSA: Bay City
County: Bay
Tax ID/APN: cpixtax

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 22,449 68,800
Median Age: 40.07 38.82
Households: 9,375 27,673


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