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Financial
Distress signals
Property profile

810 W Saginaw St Lansing, MI 48915

FOR SALE
Office buildings
Property ID
US43-1146124
3,311 SF 0.31 ac lot Built 1960
Last sale Aug 2021 · $205,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

810 W Saginaw St is a 4,036 square-foot medical office building featuring a fully accessible lower level. The facility includes both a front and rear staircase providing access to the lower level, which supports flexible uses such as storage, administrative functions, or expanded services. Planned/ongoing improvements include a comprehensive interior renovation with all-new flooring, lighting, and interior finishes, along with an updated security camera and audio system installed throughout the…

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 · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2023$130k
Assessed land$27k
Assessed improvement$102k
Effective rate5.52%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$205k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$13k
Operating expenses−$13k
NOI · 9.86% cap applied$39k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$46 – $130
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.86%
$39k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.1
Kitchen & Bath9.9
Plumbing Service9.8

Location

810 W Saginaw St Lansing, MI 48915
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

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

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1000 Saint Joseph, Lansing, MI 48915-1695 $586,000 Dec 2023 9,945 SF
1804 Saginaw, Lansing, MI 48915-1359 $8,000 Dec 2022 930 SF
913 Saginaw, Lansing, MI 48915-1964 $193,000 Oct 2021 1,440 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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