Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3526 West Saginaw St Lansing, MI 48917
    Back to Search
    Property profile & analytics

    3526 West Saginaw St Lansing, MI 48917

    View on Map
    • Medical Office Space
    • 2,706 SF
    • 0.39 lot acres
    For Lease
    View Listing →
    Medical Space Available For Rent For Lease
    Contact for pricing

    Medical Space Available For Rent

    Medical space available for rent at 3526 West Saginaw Street.

    3526 West Saginaw Street, Lansing, MI 48917
    View Listing
    Property ID
    US43-1154512
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 3526 West Saginaw St

    Year built
    1955
    Lot size
    0.39 lot acres
    Property size
    2,706 SF
    Zone code
    D ADMIN
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    33-21-01-07-353-007
    APU
    33210107353007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5991
    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
    2022
    $10,620
    $49,100
    $145,000
    $194,100
    -
    $98,200
    $290,000
    $388,200

    Comparable in this City

    • Value Estimation by Request
      3,597 SF

      4440 Saginaw Hwy

      MEDICAL CLINIC • 3,597 SF
      4440 Saginaw Hwy, Lansing, MI 48917-2701
      View Details
    • Value Estimation by Request
      3,163 SF

      252 Waverly Rd

      MEDICAL BUILDING • 3,163 SF
      252 Waverly Rd, Lansing, MI 48917-3625
      View Details
    • Value Estimation by Request
      6,036 SF

      4912 St Joe Hwy

      MEDICAL BUILDING • 6,036 SF
      4912 St Joe Hwy, Lansing, MI 48917-4090
      View Details
    • Value Estimation by Request
      6,756 SF

      4333 St Joe Hwy

      MEDICAL BUILDING • 6,756 SF
      4333 St Joe Hwy, Lansing, MI 48917-4100
      View Details
    • Value Estimation by Request
      5,247 SF

      5001 St Joe Hwy

      MEDICAL BUILDING • 5,247 SF
      5001 St Joe Hwy, Lansing, MI 48917-4023
      View Details
    • Value Estimation by Request
      3,754 SF

      5238 St Joe Hwy Ste, Unit 1

      MEDICAL BUILDING • 3,754 SF
      5238 St Joe Hwy Ste, Lansing, MI 48917-4085
      View Details

    Similar Nearby for Sale

    • $80,000

      West Michigan Avenue Commercial Opportunity

      Commercial property suitable for investors and developers in Lansing, MI.
      3000 West Michigan Ave, Lansing, MI 48917
      View Details
    • Contact for pricing
      5,350 SF

      Renovated Office Building in Lansing

      Modern, renovated office building with flexible configurations in Lansing, MI.
      530 S Creyts Rd, Lansing, MI 48917
      View Details
    • Contact for pricing

      Executive Court Office Space Available

      7,275 SF office space with street exposure, ample parking.
      8164 Executive Ct, Lansing, MI 48917
      View Details
    • $3,000,000
      29,768 SF

      Office Building with Serene Views

      Office building with workout facility, cafeteria, and backup generator.
      1044 Eastbury Dr, Lansing, MI 48917
      View Details
    • $288,300
      5,766 SF

      Two-Story Office Building For Sale

      Two-story office building in Delta Township with excellent visibility.
      4021 W Michigan Ave, Lansing, MI 48917
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Space Available For Rent

      Medical space available for rent at 3526 West Saginaw Street.
      3526 West Saginaw St, Lansing, MI 48917
      View Details
    • Contact for pricing

      Retail Space Inside Meijer Store

      High-traffic retail spaces available within Meijer stores in Midwest.
      5125 W Saginaw Hwy, Lansing, MI 48917
      View Details
    • $23 SF/Yr
      1,996 SF

      Lansing Office Space For Lease

      Office and medical space available for lease starting 09/01/2025.
      4911 West St Joe Hwy, Lansing, MI 48917
      View Details
    • $3,105 /Mo
      2,484 SF

      Spacious First-Floor Office Suite

      2484 SF office suite with flexible layout and ample parking.
      5123 St Joe Hwy W, Lansing, MI 48917
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3526 West Saginaw St
    Lansing, MI 48917
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3526 West Saginaw St, Lansing, MI, 48917
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!