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Property profile & analytics

3101 Saginaw St Lansing, MI 48912

  • Retail space
  • 14,289 SF
  • 0.95 lot acres
Value Estimations
$440,000
Cap Rate Potential
Location Intelligence
Property ID
US43-0207983
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Medawar's Frandor / Clock Repair Service / Clock And Watch Maker

Property Details for 3101 Saginaw St

Year built
1947
Lot size
0.95 lot acres
Property size
14,289 SF
Zone code
F COMM
Property type
Retail space
APN
33-01-01-11-451-002
APU
33010111451002

Description

Medawar Strip Center, located at 3101 E Saginaw St, Lansing, MI 48912, presents a unique opportunity for restaurant businesses seeking a high-visibility location. This single-story, 1947-built property underwent renovations in 2000 and offers multiple spaces, with a minimum of 1,020 square feet and a maximum contiguous space of 2,373 square feet. The center is situated on a major commercial corridor in Central Lansing, at the intersection of E Saginaw St, Clippert St, and US-127, ensuring high foot traffic and excellent visibility. Its strategic location provides easy access to Michigan State University campus and the Frandor Shopping Center, further enhancing its appeal. The property benefits from its placement on a bus line and at a signalized intersection, improving accessibility. Ample parking is available with approximately 57 free spaces. The property is zoned F Commercial (Retail) and has an APN of 33-01-01-11-451-002. This is an exceptional opportunity to establish or expand a restaurant business in a thriving Lansing location. The building's total square footage is not specified.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $440,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5079
Latitude
42.7413
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$43,088
$103,400
$728,400
$831,800
-
$206,800
$1,456,800
$1,663,600
More about this property
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