6240 W Saginaw Hwy Lansing, MI 48917
Property profile & analytics
6240 W Saginaw Hwy Lansing, MI 48917
- Strip malls
- 15,359 SF
- 1.45 lot acres
Property ID
US43-2007495
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- FedEx Drop Box / Shipping Company / Freight Service
- Rush My Passport / Travel Agency
- FedEx Office Print & Ship Center / Courier Service / Postal Service
- Digital Forensics Corp / IT Consulting Firm / Tech Support Center
Property Details for 6240 W Saginaw Hwy
- Year built
- 1994
- Lot size
- 1.45 lot acres
- Property size
- 15,359 SF
- Zone code
- NONE
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 040 088 001 070 00
- APU
- 4008800107000
Description
This exceptional single-story retail strip center, totaling 15,352 square feet, presents a prime investment opportunity in Lansing's west sub-market. Located at 6240-6258 W. Saginaw Highway, at the intersection of W Saginaw Highway and Lincoln Ct., in Eaton County, this well-maintained property offers excellent visibility and accessibility. The center comprises six suites, with a total of 4,430 square feet currently vacant, offering flexibility for various retail businesses. Individual suites range from a minimum of 1,364 square feet to a maximum contiguous space of 3,066 square feet. The property benefits from its strategic location in a high-traffic retail corridor, boasting established tenants such as Sparrow Laboratories and FedEx Office Print & Ship Center. This presents a unique chance to capitalize on a strong existing tenant base and a competitive lease rate. The property's single-story design and ample parking provide convenient access for both customers and employees. This is an ideal opportunity for investors seeking a well-located, established retail center with significant potential for growth. The property's location near Creyts Rd further enhances its accessibility and visibility. The available space offers a chance to establish a new business or expand an existing one in a thriving commercial area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $955,000
Market price range: $397k - $956k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $755,000 Current use
- RESTAURANT
- $1,505,000 Change: +99% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,350,000 Change: +78% Conversion: Easy
- RETAIL STORES
- $1,300,000 Change: +72% Conversion: Easy
- MEDICAL BUILDING
- $1,180,000 Change: +56% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,140,000 Change: +51% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.64
- Latitude
- 42.7416
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44,089
$0.00
$0.00
$755,400
-
$0.00
$0.00
$1,510,800
