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    6240 W Saginaw Hwy Lansing, MI 48917

    For Sale
    $1,950,000

    Retail center with high exposure in Lansing's west sub-market.

    Property size:
    15,352 SF

    Property Features for 6240 W Saginaw Hwy

    General Information

    Size
    15,352 SF

    Building Details

    Year built
    1994

    Source: Amanda Hopper Agent Amanda Hopper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on Saginaw Highway

    This retail center offers significant exposure on West Saginaw Highway, specifically at the intersection of Saginaw Street and Creyts. Located within Lansing's west sub-market retail corridor, the property benefits from its position on the heavily traveled M-43 Highway. The brick building features a newer roof and is well-maintained. The property is in close proximity to downtown, the freeway, and Lansing Mall. One of the units, 6250, is equipped with 3-phase power. Another unit, 6258, is a built-out salon space. The property provides ample parking. Current tenants include FedEx and University of Michigan/Sparrow. The property size is 15,352 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Shipping Service Rush My Passport Visa And Passport Office FedEx Office Print ... Shipping And Mailing Service Digital Forensics Corp Computer Security Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.639151
    Latitude
    42.741551

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    FAQs

    What type of property is this?
    Shopping center - Retail center with high exposure in Lansing's west sub-market.
    Where is this shopping center located?
    The property is located at 6240 W Saginaw Hwy Lansing, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - High-exposure location on heavily traveled W. Saginaw Highway (M-43) in Lansing's west retail corridor.; - Established retail center with FedEx and University of Michigan/Sparrow tenants.; - Well-maintained brick building with newer roof.
    (517) 927-9626
    Request Owner's contact information
    6240 W Saginaw Hwy Lansing, MI 48917
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    Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6240 W Saginaw Hwy Lansing, MI 48917
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