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Property profile

4855 State St Saginaw, MI 48603

OFF-MARKET
Commercial real estate
Property ID
US43-1797642
20,400 SF 1.3 ac lot Built 1962
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,000 square foot office space is available for lease in a beautifully maintained, newly renovated building located at 4855 State Street. The property, a Class B building constructed in 1962 and extensively renovated in 2019, offers a prime location with excellent visibility and high traffic counts. The single-story building sits on a 1.3-acre lot and features a total of 19,027 square feet. This particular space is ideal for a variety of businesses, given its suitability for…

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?
$25k
Tax billed · 2022
Assessed value · 2023$607k
Effective rate4.14%

Value estimate

· Oct 2026
$430k
$387k – $473k
Submarket $/SF estimate$1.23M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$47 – $124
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
B-2 General Business The B-2 General Business district is intended to permit a wider range of business and entertainment activities than ...
General categoryCOMMERCIAL
JurisdictionSAGINAW

Location intelligence

Which uses thrive at this corner?
Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness12.5
Parking Facility12.4
HVAC Service11.8

Location

4855 State St Saginaw, MI 48603-3895
County assessor Recorded deeds · 1 transfer 8 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
2825 Bay, Saginaw, MI 48603-3338 $605,000 Feb 2026 10,472 SF
2485 Mccarty, Saginaw, MI 48603-2576 $666,936 May 2025 18,432 SF
6317 State, Saginaw, MI 48603-3430 $4,500,000 Nov 2024 10,232 SF
3200 Cabaret S, Saginaw, MI 48603-2240 $550,000 Jun 2024 12,028 SF
3545 Bay, Saginaw, MI 48603-2465 $850,000 Apr 2024 19,738 SF
3570 Bay, Saginaw, MI 48603-2428 $1,000,000 Apr 2024 16,746 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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