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Financial
Distress signals
Property profile

2600 State St Saginaw, MI 48602

FOR SALE
Other industrial properties
Property ID
US43-0970821
8,977 SF 0.39 ac lot Built 1948
Last sale Jun 2023 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2600–2602 State Street in Saginaw is a multi-tenant building totaling approximately 8,947 square feet, divided into four separate units. The space is configured for flexible commercial use, including retail, office, service-based operations, or storage, with each unit having its own exterior entrance. The building is situated along a highly traveled corridor and supports prominent street-facing signage.

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.

Debts

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 · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$80k
Effective rate6.96%

Value estimate

· Oct 2026
$135k
$122k – $149k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$21k
Operating expenses−$29k
NOI · 44.57% cap applied$67k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$39/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$22 – $61

Cap rate analysis

How does the asset earn?
44.57%
$67k 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?
B-1
B-1 Neighborhood Business The B-1 Neighborhood Business district is intended to provide a transition between more intensive districts and...
General categoryCOMMERCIAL
JurisdictionSAGINAW

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 Facility12.5
Kitchen & Bath12.4
Dental Office12.3

Location

2600 State St Saginaw, MI 48602
County assessor Recorded deeds · 6 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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