Property profile

87 N Saginaw St Pontiac, MI 48342

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US43-1446377
2,940 SF 0.07 ac Built 1950
Last sale Jan 2020·$200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Retail space located at 87 N Saginaw St, Pontiac, MI 48342, with a total interior area of approximately 2,940 square feet. The space features high ceilings and natural light, with epoxy flooring throughout to support durable, low-maintenance use. A full basement is included, providing additional below-grade space for storage or other back-of-house functions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$51k
Effective rate5.13%

Value estimate

· Nov 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 263,633.33% cap applied$32k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$39 – $101
Qualifying comparables14

Cap rate analysis

How does the asset earn?
263,633.33%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.7
Dental Office27.3
Restaurant25.3

Location

87 N Saginaw St Pontiac, MI 48342
County assessor Recorded deeds · 9 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
123 Saginaw, Pontiac, MI 48342-2113 $155,000 Jul 2025 2,499 SF
238 Montcalm, Pontiac, MI 48342-1148 $200,000 Oct 2024 2,800 SF
550 Perry, Pontiac, MI 48342-2453 $43,000 Oct 2023 3,503 SF
449 Pike, Pontiac, MI 48342-2832 $5,000 Jul 2023 3,082 SF
577 Auburn, Pontiac, MI 48342-3222 $100,000 Jan 2021 2,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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