Financial
Distress signals
Property profile

6902 Gratiot Rd Saginaw, MI 48609

FOR LEASE
Commercial real estate
Property ID
US43-0912419
3,249 SF 0.54 ac lot Built 1956
Last sale Nov 2023 · $195,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$101k
Effective rate5.28%

Value estimate

· Sep 2026
$265k
$239k – $292k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 71,615.38% cap applied$9k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$48 – $106
Qualifying comparables9

Cap rate analysis

How does the asset earn?
71,615.38%
$9k 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?
B-3
JurisdictionSAGINAW

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply10.8
Realty agency10.7
HVAC Service9.4

Location

6902 Gratiot Rd Saginaw, MI 48609
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8220 Gratiot, Saginaw, MI 48609-4878 $602,012 Apr 2025 2,325 SF
1260 Chaffee, Saginaw, MI 48609-4985 $4,500,000 Feb 2025 4,800 SF
7868 Gratiot, Saginaw, MI 48609-5017 $540,000 Feb 2025 3,154 SF
283 Miller, Saginaw, MI 48609-4819 $233,000 May 2024 3,431 SF
7734 Gratiot, Saginaw, MI 48609-5043 $235,000 Apr 2023 3,600 SF
205 Riv, Saginaw, MI 48609-6817 $233,300 Apr 2023 2,325 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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