5216 Saginaw Hwy Lansing, MI 48917-1913
Property profile & analytics
5216 Saginaw Hwy Lansing, MI 48917-1913
- Outlet malls
- 45,778 SF
- 4.23 lot acres
Property ID
US43-2086674
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.
Location Intelligence
Current Use by Public Records
- Geek Squad / Tech Support Center / (Bike/Boat/Book/etc) Store
- Best Buy / Electronics & Wireless Store
Property Details for 5216 Saginaw Hwy
- Year built
- 2002
- Lot size
- 4.23 lot acres
- Property size
- 45,778 SF
- Zone code
- NONE
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 040 011 400 122 00
- APU
- 4001140012200
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,270,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,735,000
Market price range: $2.26M - $4.85M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,270,000 Current use
- OFFICE BUILDING
- $5,675,000 Change: +74% Conversion: Easy
- RESTAURANT
- $3,995,000 Change: +22% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,905,000 Change: +19% Conversion: Difficult
- MEDICAL BUILDING
- $3,895,000 Change: +19% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,660,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.6234
- Latitude
- 42.7433
- 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
2023
$86,021
$0.00
$0.00
$1,478,000
-
$0.00
$0.00
$2,956,000
