Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

6240 Saginaw Hwy Lansing, MI 48917

OFF-MARKET
Strip malls
Property ID
US43-2007495
15,359 SF 1.45 ac lot Built 1994
Last sale Dec 2025 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail property located at 6240 West Saginaw Highway in Lansing, Michigan, consisting of a brick building with a replaced (newer) roof and three-phase electrical power. The site includes on-site parking and is positioned along M-43 Highway, providing access to nearby downtown areas, freeway connections, and Lansing Mall. The building has existing tenant occupancy by FedEx and University of Michigan/Sparrow, and the site infrastructure supports retail use.

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?
$44k
Tax billed · 2023
Assessed value · 2024$755k
Effective rate5.84%

Value estimate

· Oct 2026
$545k
$491k – $600k
Submarket $/SF estimate$956k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NONE
JurisdictionEATON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply29.9
Wholesale Shop25.5
Realty agency23.9

Location

6240 Saginaw Hwy Lansing, MI 48917-2467
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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4359 Saginaw, Lansing, MI 48917-2113 $1,775,000 Aug 2022 18,664 SF
5216 Saginaw Hwy, Lansing, MI 48917-1913 $4,000,000 Jul 2022 No data
4832 Saginaw, Lansing, MI 48917-2662 $2,105,000 Jul 2021 34,268 SF
707 Brookside, Lansing, MI 48917-9293 $1,760,000 Dec 2019 24,834 SF
4220 Saginaw, Lansing, MI 48917-2110 $250,000 Dec 2018 3,279 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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