$95,000
SOLD FEB 10, 2025

1221 N Niagara St Saginaw, MI 48602

3.04 Acres
$31,250 Price per Acre
132,422 Sq Ft Lot

Recently Sold

52% Below List Price

23 Days on Market

About This Lot

As of February 2025

This exceptional 16,000-square-foot industrial property, situated on a 3.22-acre lot, offers a
unique opportunity for redevelopment in Saginaw, MI. The main warehouse is structurally
sound, featuring 17 loading docks that require new garage doors. The office building,
affected by fire, will require repairs to be made operational. Additionally, a smaller building
impacted by fire is slated for demolition and removal. The property is eligible for Brownfield redevelopment incentives as well as tax abatements to help off-set the costs of redevelopment and occupancy. Approval of all incentives is subject to local and state governmental approvals.

Last Agent to Sell the Property

Roy Frank

Metro Plus Realty, LLC License #6501242082 Listed on: 01/14/2025

Last Buyer's Agent

Roy Frank

Metro Plus Realty, LLC License #6501242082 Listed on: 01/14/2025

Property Details

Property Type

  • Land

Lot Details

  • 3.04 Acre Lot
  • Fenced
  • Property is zoned Commercial, Light Industrial

Utilities

  • Sewer in Street

Community Details

  • Theodore J Campaus Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14183000100

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 59300.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 292
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Fenced

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Saginaw City

Lot Info

  • Lot Features: Brownfield Redevelopment
  • Lot Size Area: 3.04
  • Lot Dimensions: Irregular
  • Parcel Number: 14183000100
  • Zoning: Commercial, Light Industrial

Rental Info

  • Deposit Amount: 40000.00

Tax Info

  • Tax Amount Summer: 3657.0000
  • Tax Amount Winter: 641.0000
  • Total Tax: 4298.0000
  • Taxable Value: 57881.0000

MLS Schools

  • School District: Saginaw City

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $95,000 -52.5% --
02/06/2025 02/06/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $199,900 -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,510 $55,900 $0 $0
2022 $3,384 $51,700 $0 $0
2021 $3,906 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250001689

Realcomp

APN: 14 1830 00100