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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Strip malls

    6334 Saginaw Hwy, Lansing, MI 48917-2487

    13,232 SF 1.76 ac lot Built 2002
    Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-2420379
    Property summary
    AI-generated overview

    This 13,000 square foot retail center is situated at the highly visible corner of West Saginaw and Creyts Roads, offering excellent visibility and convenient access. The property features two available suites, ranging from 1,296 to 1,334 square feet, perfect for a variety of retail or office uses. The building boasts a single story, with a total of two suites currently occupied by a diverse mix of established businesses including Dimitri's, Baryames Cleaners, Edward Jones & Company, Bella Nails, Genius Phone Repair, and Workbox Staffing. This prime location benefits from its proximity to major retailers such as the Lansing Mall, Kohl's, and Kroger, ensuring high foot traffic and strong consumer presence. The property sits on a 1.76-acre lot and is zoned B-OFFICE/RETAIL SERVICE, offering flexibility for various business types. The building's floor area ratio (FAR) is 1. The property's APN is 040-088-002-013-00. This is an exceptional opportunity to establish a business in a thriving commercial area with significant visibility and established tenant base. The minimum divisible space is 1,296 square feet, while the maximum contiguous space available is 1,334 square feet.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2002
    Total area 13,232 SF
    Lot 1.76 ac (76,666 SF)
    Zoning code NONE
    APN 040 088 002 013 00
    UPID US43-2420379
    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
    • Genius Phone Repair Electronics & Wireless Store Computer & Electronic Repair
    • Dimitris Restaurant Restaurant
    • Firehouse Subs West Saginaw Parkway Take-out & Catering Catering Service
    • Great Lakes Skilled Trades Construction Company
    • Edward Jones - Financial Advisor: Adam W Eschtruth Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $823k
    Blend (final) Blend
    $825k
    Owner & transaction history
    BARYAMES DEVELOPMENT LLC
    BARYAMES DEVELOPMENT LLC
    Zoning & alternative use
    NONE · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.3M +98.6%
    Commercial (general) $1.2M +78.2%
    Retail stores $1.1M +71.6%
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