Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3205 W Saginaw St Lansing, MI 48917

FOR LEASE
Strip malls
Property ID
US43-0148432
6,720 SF 0.55 ac lot Built 1974
Last sale Sep 2012 · $499,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 3205 W Saginaw St, Lansing, MI 48917, in Ingham County. The property is part of a 6,800 square foot retail center conveniently situated just east of the bustling intersection of Waverly and Saginaw streets. This high-traffic location offers excellent visibility and accessibility for businesses seeking a prominent presence in a thriving commercial area. The space is available in multiple configurations, with a minimum divisible space of 2,400…

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?
$16k
Tax billed · 2022
Assessed value · 2023$272k
Assessed land$66k
Assessed improvement$206k
Effective rate5.94%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$360k
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$14k
Operating expenses−$26k
NOI · 760,287.50% cap applied$61k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$38 – $90

Cap rate analysis

How does the asset earn?
760,287.50%
$61k 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?
E LOCAL
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 agency16.1
Dental Office11.5
Spa & Massage11.3

Location

3205 W Saginaw St Lansing, MI 48917
County assessor Recorded deeds · 3 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4359 Saginaw, Lansing, MI 48917-2113 $1,775,000 Aug 2022 18,664 SF
5216 Saginaw Hwy, Lansing, MI 48917-1913 $4,000,000 Jul 2022 No data
4832 Saginaw, Lansing, MI 48917-2662 $2,105,000 Jul 2021 34,268 SF
707 Brookside, Lansing, MI 48917-9293 $1,760,000 Dec 2019 24,834 SF
4220 Saginaw, Lansing, MI 48917-2110 $250,000 Dec 2018 3,279 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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