Financial
Distress signals
Property profile

12235 Saginaw St Grand Blanc, MI 48439

OFF-MARKET
Other commercial real estate
Property ID
US43-1488988
11,926 SF 2 ac lot Built 1940
Last sale Aug 2025 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a turn-key restaurant facility located in downtown Grand Blanc on S Saginaw St, within walking distance of the high school, shopping mall, city offices, and surrounding businesses. The building provides approximately 2,100 square feet and includes a dining area with seating for about 30 guests indoors, along with additional outdoor seating that allows for potential future expansion. The restaurant is configured for food service, with kitchen and mechanical systems—including

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$35k
Tax billed · 2021
Assessed value · 2023$565k
Effective rate6.16%

Value estimate

· Sep 2026
$935k
$842k – $1.03M
Submarket $/SF estimate$961k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$66 – $163
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
III: LDMF AND HDMF MULTIPLE-FAMILY RESIDENTIAL DISTRICTS ARTICLE IX: OS-1 OFFICE SERVICE DISTRICT ARTICLE X: CBD CENTRAL BUSINESS DISTRIC...
General categoryCOMMERCIAL
JurisdictionGENESEE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Auto Repair Shop9.7
Convenience Store9.3

Location

12235 Saginaw St Grand Blanc, MI 48439-1471
County assessor Recorded deeds · 5 transfers 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 Church, Grand Blanc, MI 48439-1210 $375,000 Feb 2026 9,111 SF
5198 Territorial, Grand Blanc, MI 48439-2049 $1,375,000 Sep 2024 9,376 SF
11237 Saginaw, Grand Blanc, MI 48439-1281 $325,000 Jun 2024 4,908 SF
4025 Hl, Grand Blanc, MI 48439-7942 $900,000 Jan 2024 5,352 SF
8542 Holly, Grand Blanc, MI 48439-8301 $1,300,000 Mar 2023 5,378 SF
4501 Hl, Grand Blanc, MI 48439-7638 $2,200,000 Feb 2023 22,519 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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