Financial
Distress signals
Property profile

1525 Schust Rd Saginaw, MI 48604

OFF-MARKET
Other commercial real estate
Property ID
US43-0308946
10,160 SF 1.25 ac lot Built 1977
Last sale Mar 2026 · $615,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 16-unit apartment building is located on a corner lot in Saginaw, Michigan, on a 1.25-acre parcel. The building has a total of 10,432 square feet and a unit mix of two studio units, twelve one-bedroom units, and two two-bedroom units. It includes updated building systems, a newer roof, separate utility meters, and on-site laundry facilities. Tenant utility charges for gas and electric are metered separately. The property is designed to provide parking and has two-dimensional visibility from surrounding streets due to its corner-lot placement.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$198k
Effective rate5.18%

Value estimate

· Sep 2026
$285k
$257k – $314k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$49 – $143
Qualifying comparables11

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAGINAW

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Law Firm15.1
Restaurant13.4

Location

1525 Schust Rd Saginaw, MI 48604-1666
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales Zoning catalog · not on file

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
3095 Tittabawassee, Saginaw, MI 48604-9473 $2,450,000 Feb 2026 6,876 SF
5360 Hampton, Saginaw, MI 48604-9451 $1,312,500 Feb 2026 10,112 SF
5665 Bay, Saginaw, MI 48604-2509 $1,850,000 Aug 2025 6,173 SF
4701 Towne Ctr Rd, Saginaw, MI 48604-2833 $300,000 Mar 2025 4,997 SF
2650 Mcleod N, Saginaw, MI 48604-2850 $140,000 Oct 2024 7,172 SF
5740 Bay, Saginaw, MI 48604-2508 $535,000 Aug 2024 5,000 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
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