Financial
Distress signals
Property profile

105 Saginaw St Hemlock, MI 48626

OFF-MARKET
Other commercial real estate
Property ID
US43-1725792
2,400 SF 0.24 ac lot Built 1980
Last sale Jan 2024 · $125,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a medical/veterinary clinic building constructed in 1980, configured for veterinary use and designed with distinct functional areas. Interior spaces include a reception area, a surgical room, a private office, and a store room, providing separation between administrative, patient-facing, clinical, and storage uses. The building is located at 105 W Saginaw St in downtown Hemlock, Michigan. The offering is for the building only, with veterinary practice operations and personal property treated separately from the real property.

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 · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$65k
Effective rate6.70%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$125k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$39 – $113
Qualifying comparables5

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-3
JurisdictionSAGINAW

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant25.7
Law Firm20.9
Building Supply20.7

Location

105 Saginaw St Hemlock, MI 48626
County assessor Recorded deeds · 1 transfer 5 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
530 Saginaw, Hemlock, MI 48626-9803 $125,000 Apr 2023 1,741 SF
199 Saginaw, Hemlock, MI 48626-9472 $305,000 May 2022 1,800 SF
400 Hemlock, Hemlock, MI 48626-8643 $98,000 Apr 2021 2,009 SF
527 Saginaw, Hemlock, MI 48626-9803 $200,000 Dec 2020 2,480 SF
445 King, Hemlock, MI 48626-9369 $27,500 May 2020 1,911 SF
15749 Gratiot, Hemlock, MI 48626-8457 $150,000 Oct 2018 2,902 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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