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Property profile & analytics
OFF-MARKET Estimated value $2,695,000
Strip malls

4002 Saginaw Hwy Lansing, MI 48917-2106

64,223 SF 5.34 ac lot Built 1959
Entity Owned Absentee Owner Free & Clear
Property ID
US43-2400622
Property summary
AI-generated overview

This exceptional retail opportunity is located on West Saginaw Highway in Eaton County, offering high visibility and strong tenant synergy. Three spaces are currently available, ranging from 2,449 square feet to a maximum contiguous space of 10,000 square feet, with a minimum divisible space of 6,540 square feet. The shopping center boasts a well-established tenant mix, including national brands like Aaron's, Ross, Snipes, Little Caesar's, and Jenny Nails, ensuring consistent foot traffic and a vibrant atmosphere. The property benefits from a highly convenient location just west of Waverly Road, providing easy access for customers and employees. Prominent pylon signage ensures maximum visibility from the busy highway, enhancing the marketing potential for your business. Ample parking is available for both tenants and customers, ensuring a comfortable shopping experience. This is an ideal location for businesses seeking high visibility, strong tenant synergy, and a well-established customer base in a thriving retail environment. The property's strategic location and established tenant mix make it a prime opportunity for growth and success.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Total area 64,223 SF
Lot 5.34 ac (232,610 SF)
Zoning code NONE
APN 040 058 000 011 00
UPID US43-2400622
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar Deal Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.69M
Blend (final) Blend
$2.70M
Owner & transaction history
WEST SAGINAW INC
WEST SAGINAW INC
Zoning & alternative use
NONE · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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