Financial
Distress signals
Property profile

7227 Saginaw St East Lansing, MI 48823

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2458286
1,260 SF 0.77 ac lot
Last sale Jun 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located in East Lansing and includes a proposed 1,260 square foot building. It is situated in a fully built retail corridor and is positioned as a Meijer outlot, providing redevelopment potential for retail-oriented development. The parcel is zoned to allow development and is described as versatile for uses such as QSR (quick-service restaurant), medical, or retail. The site is near Michigan State University and within an area that includes nearby dining and retail, cultural 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. 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 · 2020

What does the county charge?
$8k
Tax billed · 2020
Assessed value · 2024$155k
Assessed land$67k
Assessed improvement$88k
Effective rate4.85%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

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?
DEVELOPMEN
JurisdictionCLINTON

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 agency20.0
Restaurant17.2
Building Supply16.6

Location

7227 Saginaw St East Lansing, MI 48823-9667
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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Mac, East Lansing, MI 48823-4328 $170,000 Sep 2024 2,040 SF
2139 Haslett, East Lansing, MI 48823-7738 $800,000 Jan 2023 2,567 SF
3191 Birch Row, East Lansing, MI 48823-1576 $150,000 Aug 2022 2,360 SF
1108 Grand Riv, East Lansing, MI 48823-4642 $525,000 May 2022 2,480 SF
15947 Park Lk, East Lansing, MI 48823-9436 $99,900 Jun 2021 1,296 SF
423 Albert, East Lansing, MI 48823-4406 $425,000 Dec 2019 3,380 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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