Financial
Distress signals
Property profile

525 N Saginaw St Lapeer, MI 48446

FOR SALE
Office buildings
Property ID
US43-4374672
2,880 SF 0.17 ac lot Built 1940
Last sale Oct 2020 · $180,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1940-built commercial storefront building contains approximately 3,000 square feet and is situated on a corner lot in Downtown Lapeer at 525 N Saginaw Street, Michigan. The interior is arranged to allow flexible use, and the building includes two restrooms. Exterior improvements include a private parking lot with 11 spaces and a shared driveway that provides access to a rear loading area suitable for deliveries and day-to-day access.

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$95k
Effective rate4.05%

Value estimate

· Sep 2026
$185k
$167k – $204k
NOI build-up
Gross scheduled income$384
Vacancy & credit loss−$68
Operating expenses−$94
NOI · 0.07% cap applied$221

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$64 – $159

Cap rate analysis

How does the asset earn?
0.07%
$221 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?
B2 GEN
JurisdictionLAPEER

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 Facility9.3
Tailor Shop9.1
Electrical Service8.7

Location

525 N Saginaw St Lapeer, MI 48446
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
520 Imlay City, Lapeer, MI 48446-3178 $285,000 Jun 2025 3,070 SF
374 Nepessing, Lapeer, MI 48446-2161 $70,000 Oct 2023 2,588 SF
1101 Lapeer, Lapeer, MI 48446-3039 $559,000 Apr 2022 2,621 SF
962 Main, Lapeer, MI 48446-2492 $195,000 Dec 2021 2,716 SF
2401 Genesee, Lapeer, MI 48446-1779 $295,000 Mar 2021 3,400 SF
385 Nepessing, Lapeer, MI 48446-2105 $90,000 Nov 2020 2,800 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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