Property profile

5510 W Saginaw Hwy Lansing, MI 48917

FOR SALE
Banks
Saved · see the list in your Dashboard
Property ID
US43-2448008
4,258 SF 0.85 ac Built 1969
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a freestanding former bank site comprising a 4,258-square-foot building constructed in 1969 and a separate 1,500-square-foot four-lane drive-thru facility. The on-site layout includes enclosed commercial space along with drive-thru infrastructure configured to support drive-through operations. The site covers 0.851 acres at 5510 W Saginaw Highway in Lansing, Michigan, located in the Lansing Mall retail corridor within the Delta Charter Township area. It is zoned C Commercial and…

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?
$20k
Tax billed · 2023
Assessed value · 2024$474k
Effective rate4.12%

Value estimate

· Nov 2026
$450k
$405k – $495k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$8k
Operating expenses−$15k
NOI · 3.79% cap applied$46k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.79%
$46k 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?
NONE
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 agency38.4
Building Supply29.5
Dental Office25.6

Location

5510 W Saginaw Hwy Lansing, MI 48917
County assessor Recorded deeds · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
632 Dibble, Lansing, MI 48917-2830 $335,000 Mar 2025 5,192 SF
6101 Saginaw, Lansing, MI 48917-2466 $1,325,000 Jan 2022 3,458 SF
5020 Saginaw, Lansing, MI 48917-2625 $760,000 Aug 2021 4,036 SF
516 Elmwood, Lansing, MI 48917-2618 $280,000 Nov 2020 5,440 SF
5507 Saginaw, Lansing, MI 48917-1920 $1,050,000 Feb 2020 3,322 SF
4244 Saginaw, Lansing, MI 48917-2110 $425,000 Jun 2019 3,012 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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