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Property profile

530 E Saginaw Hwy Grand Ledge, MI 48837

FOR SALE
Auto shops
Property ID
US43-2483346
2,752 SF 1.12 ac lot Built 1995
Last sale Mar 2012 · $20,194
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1.12-acre property at 530 E Saginaw Hwy, Grand Ledge, MI 48837, is a prime commercial opportunity. The single-story, 1995-built building (APN: 400-014-200-010-00) is zoned B-1 Commercial and currently vacant. Ideal for an auto repair or service business, the facility features two drive-thru bays and a full basement, perfect for oil change services. There are also two additional bays suitable for a service garage. The building includes a small office with a bathroom and shower. This…

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 · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$288k
Effective rate11.06%

Value estimate

· Oct 2026
$240k
$216k – $264k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$748
Operating expenses−$6k
NOI · 104,163.48% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$35 – $88

Cap rate analysis

How does the asset earn?
104,163.48%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
Highway Service Districts are generally designed to provide areas for business types that are located so as to serve passerby traffic
General categoryCOMMERCIAL
JurisdictionEATON

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 agency13.2
Kitchen & Bath10.7
Electrical Service10.5

Location

530 E Saginaw Hwy Grand Ledge, MI 48837
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13054 Wacousta, Grand Ledge, MI 48837-9293 $200,000 Nov 2024 1,920 SF
854 Jefferson, Grand Ledge, MI 48837-1325 $80,000 May 2023 2,600 SF
641 Jefferson, Grand Ledge, MI 48837-1320 $55,000 Oct 2022 4,158 SF
930 Saginaw, Grand Ledge, MI 48837-9419 $1,411,567 May 2021 2,536 SF
1052 Saginaw, Grand Ledge, MI 48837-8412 $328,380 Aug 2020 1,900 SF
15113 Wright, Grand Ledge, MI 48837 $210,000 May 2020 2,100 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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