Property summary
This exceptional 45,778-square-foot freestanding retail building presents a prime opportunity in Lansing, Michigan. Located at 5216 W Saginaw Hwy, 48917, this single-tenant property sits on a generous 4.23-acre lot and is zoned for commercial use. Previously occupied by Best Buy, the building offers excellent visibility and accessibility, boasting multiple points of access via W. Saginaw Highway and Elmwood Road. The property features two truck wells and two grade-level doors, ensuring efficient loading and unloading. The expansive space is entirely vacant and ready for immediate occupancy. Its strategic location offers high visibility and convenient access for customers, making it an ideal location for a variety of retail businesses. The property's size and features make it a perfect anchor site for a large-format retailer or a business requiring significant space and convenient access. This is a rare opportunity to secure a prominent retail location in a thriving Lansing market. The property's ample parking and convenient access points will attract a large customer base. Don't miss this chance to establish your business in a high-traffic area with excellent visibility.
Property profile
VerifiedCap rate & NOI
Current use
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Tech Support Center (Bike/Boat/Book/etc) Store
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Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NONE · Lansing, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NONE in Lansing, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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