Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    8145 S Saginaw St, Grand Blanc, MI 48439

    View on Map
    Claim this Listing
    For Lease
    $20 SF/Yr

    Office space in a high-visibility location with ample parking.

    Lease type:
    Gross
    Added:
    Nov 11, 2024
    Days on Market:
    556
    Last Refresh:
    May 21 at 8:45 am

    Property Features for 8145 S Saginaw St

    General Information

    Standard status
    Active
    Property type
    Office Units, Office Spaces
    Lease Type
    Gross Lease
    Rate Type
    Monthly

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact

    Listing office

    Listing date Nov 11, 2024

    Location Intelligence

    Current Use by Public Records

    Dr. Louise Desgranges, ... Physician First Commercial Mortgage Loan Service The Joe Harvey Team, ... Real Estate Agency Youthful You Retreat, ... Spa & Massage Center Destination Health & Healing ... Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Blanc
    County
    Genesee
    State
    Michigan
    Longitude
    -83.610934
    Latitude
    42.913874

    Nearby Similar for Lease

    • $5,950/Mo
      4,200 SF

      Grand Blanc Office Space Available

      4,200 SF office space in Grand Blanc for lease.
      10683 S SAGINAW St D, Grand Blanc, MI 48439
      View Details
    • $2,000/Mo
      2,200 SF

      Office Space on Hill Road

      Office space available for rent in Grand Blanc, Michigan.
      2467 E Hill Rd, Grand Blanc, MI
      View Details
    • $26 SF/Yr
      2,300 SF

      Grand Blanc Retail/Office Space

      High-visibility retail/office space in Grand Blanc, Michigan.
      8235 Holly Rd, Grand Blanc, MI
      View Details
    • Contact for pricing

      Grand Blanc Retail/Office Leasing Opportunity

      Versatile space in Grand Blanc with high visibility and accessibility.
      8036 Holly Road, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      1,419 SF

      Grand Blanc Office Space Available

      Professional office space for lease in Grand Blanc Township.
      8445 S Saginaw St, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      1,000 SF

      Versatile Commercial Space For Rent

      1,000 sq ft space suitable for office or retail.
      7500 Fenton Rd, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      2,519 SF

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,602 to 2,519 SqFt.
      1020 E Hill Rd, Grand Blanc, MI 48439
      View Details
    • Contact for pricing

      Grand Blanc Commercial Space Available

      Commercial space available for rent in Grand Blanc, Michigan.
      600 Health Park Blvd, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      1,770 SF

      Retail Space in Grand Blanc

      Retail space available for lease in Grand Blanc, Michigan.
      12731 S Saginaw St, Grand Blanc, MI
      View Details
    • Contact for pricing

      Grand Blanc Commercial Space Available

      Commercial property available for rent in Grand Blanc, Michigan.
      6434 S Dort Highway, Grand Blanc, MI 48439
      View Details
    • Contact for pricing

      Kroger-Anchored Retail Space Available

      Retail space for lease in Grand Blanc's Grand Mall.
      12741 S Saginaw St, Grand Blanc, MI 48439
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Grand Blanc Township.
      1020 E Hill Rd, Grand Blanc Township, MI 48439
      View Details

    FAQs

    What type of property is this?
    Office units - Office space in a high-visibility location with ample parking.
    Where is this office units located?
    The property is located at 8145 S Saginaw St Grand Blanc, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    We can help!
    Listing Contact
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8145 S Saginaw St, Grand Blanc, MI 48439
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!