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Property profile & analytics
OFF-MARKET
Auto shops
530 Saginaw Hwy, Grand Ledge, MI 48837-2231
Individually Owned
14-yr Hold
Free & Clear
Property ID
US43-2483346
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 high-visibility location boasts excellent exposure, situated directly in front of a Meijer and adjacent to a Pizza Hut, ensuring high traffic and potential customer base. The asking price is $399,000. This is a for-sale-by-owner opportunity.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Total area
2,752 SF
Lot
1.12 ac (48,787 SF)
Zoning code
B-1
APN
400 014 200 010 00
UPID
US43-2483346
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Falsetta Family Farm Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Salil Dua · 14 yrs held
Salil Dua
since 2012
1 recorded transaction
Zoning & alternative use
B-1 · Grand Ledge, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Ledge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Ledge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,805
Tax year 2023
Assessed value
$287,600
Assessed 2024
Previous assessed
$289,500
-0.7% YoY
Effective rate
11.06%
On assessed value
Total market value
$575,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Stories
1
Total area
2,752 SF
Lot
1.12 ac (48,787 SF)
Zoning code
B-1
APN
400 014 200 010 00
UPID
US43-2483346
Jurisdiction
EATON
Zoning & alternative use
B-1 · Grand Ledge, MI
Zoning B-1 · permitted uses
B-1 · Grand Ledge, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Ledge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Salil Dua
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 23162, LANSING, MI 48909-3162
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2012
$20,194
Salil Dua
Eaton County Treasurer
Redemption Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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