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Financial
Distress signals
Property profile

205 S Center Rd Saginaw, MI 48638

FOR SALE
Commercial real estate
Property ID
US43-1779195
2,127 SF 0.8 ac lot Built 1999
Last sale Sep 2023 · $162,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use commercial property, located at 205 S Center Rd in Saginaw, Michigan, presents a unique investment opportunity. Built in 1999, the single-story building offers a generous 2,127 square feet of space, ideal for a variety of business uses. The property is situated on a substantial 34,848 square foot lot, providing ample room for expansion or outdoor activities. Currently zoned B-3, this versatile space allows for a range of commercial applications. The asking price…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$103k
Effective rate4.05%

Value estimate

· Oct 2026
$225k
$203k – $248k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$5k
Operating expenses−$7k
NOI · 158,420.00% cap applied$16k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$16 – $125
Qualifying comparables7

Cap rate analysis

How does the asset earn?
158,420.00%
$16k 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-3
JurisdictionSAGINAW

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 agency17.1
HVAC Service11.5
Wholesale Shop11.2

Location

205 S Center Rd Saginaw, MI 48638
County assessor Recorded deeds · 2 transfers 7 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
5275 Colony N, Saginaw, MI 48638-7157 $240,000 Aug 2024 2,299 SF
5481 Colony N, Saginaw, MI 48638-7189 $400,000 Sep 2023 3,011 SF
5420 Gratiot, Saginaw, MI 48638-6056 $525,000 Oct 2022 3,888 SF
205 Colony, Saginaw, MI 48638-7101 $210,000 Jul 2022 2,053 SF
1910 Midland, Saginaw, MI 48638-4377 $150,000 Jun 2022 2,280 SF
5545 Colony Dr N, Saginaw, MI 48638-7188 $307,000 Mar 2022 2,853 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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