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Financial
Distress signals
Property profile

1100 W Saginaw St Lansing, MI 48915

FOR SALE
Medical Office Space
Property ID
US43-0826014
44,995 SF 0.68 ac lot Built 1965
Last sale Feb 2022 · $1,935,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1100 W Saginaw St, Lansing, MI 48915 For Sale
$2,299,000 44,995 SF
1100 W Saginaw St, Lansing, MI 48915
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Property summary

AI-generated overview

This exceptional investment opportunity presents a six-story, 44,730-square-foot mixed-use professional services building situated on a bustling intersection in Lansing, Michigan. The property boasts a prime location adjacent to the University of Michigan Health - Sparrow campus, offering immediate access to a large pool of potential tenants. Its proximity to Michigan State Capitol, Michigan State University, and the 127 and 496 expressways ensures excellent visibility and convenient…

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 · 2023

What does the county charge?
$70k
Tax billed · 2023
Assessed value · 2024$910k
Assessed land$60k
Assessed improvement$851k
Effective rate7.71%

Value estimate

· Oct 2026
$2.07M
$1.86M – $2.27M
AI approach$2.22M
Submarket $/SF estimate$1.37M
NOI build-up
Gross scheduled income$740k
Vacancy & credit loss−$148k
Operating expenses−$148k
NOI · 19.30% cap applied$444k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$20 – $126

Cap rate analysis

How does the asset earn?
19.30%
$444k 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?
F COMM
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.8
Kitchen & Bath12.7
HVAC Service12.1

Location

1100 W Saginaw St Lansing, MI 48915
County assessor Recorded deeds · 2 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

1 recorded sale · 18 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1500 Saginaw, Lansing, MI 48915-1380 $362,895 Apr 2021 5,576 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 in this city
6 properties of the same type in this city
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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