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    7733 Saginaw St East Lansing, MI 48823-9614
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    Property profile & analytics

    7733 Saginaw St East Lansing, MI 48823-9614


    • Retail residential properties
    • 7,897 SF
    • 4.10 lot acres
    Off-Market
    Last Sale Jun 5, 2023
    Property ID
    US43-2467168
    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.

    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dunkin' / Bakery / Specialty Food Shop
    • Barry’s Bagels / Bakery / Specialty Food Shop

    Property Details for 7733 Saginaw St

    Year built
    2021
    Lot size
    4.10 lot acres
    Property size
    7,897 SF
    Zone code
    DEVELOPMEN
    Property type
    Retail residential properties
    APN
    010-034-400-015-60
    APU
    1003440001560

    Description

    This exceptional 2.2-acre commercial land parcel in East Lansing, Michigan, presents a prime opportunity for development. Located at 7733 E Saginaw St, zip code 48823, this property boasts ±350 feet of frontage on East Saginaw Street, offering unparalleled visibility and accessibility. The site benefits from its strategic position off the I-69/E Saginaw St. interchange, resulting in high traffic counts of nearly 20,000 vehicles per day (VPD). This high-exposure location is part of a thriving mixed-use development, including over 400 rental storage units. Its adjacency to the newly constructed Terra Vista Strip Center, featuring established businesses such as Dunkin’ Donuts, Barry’s Bagels, Subway, and Flora, further enhances its desirability. The property is zoned for development (D-Development), allowing for a wide range of commercial uses. Surrounded by densely populated neighborhoods and numerous new developments, this site offers significant potential for immediate returns and long-term growth. The asking price for this exceptional opportunity is $625,000. Clinton County location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $935,000
      6.5%
      $860,000
      7%
      $800,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $780,000
      Current use
      RESTAURANT
      $900,000
      Change: +15% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $805,000
      Change: +3% Conversion: Difficult
      RETAIL STORES
      $735,000
      Change: -6% Conversion: Easy
      MEDICAL BUILDING
      $700,000
      Change: -10% Conversion: Easy
      OFFICE BUILDING
      $660,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Clinton
    State
    Michigan
    Longitude
    -84.4088
    Latitude
    42.7763
    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
    2022
    $0.00
    $133,900
    $500,500
    $634,400
    -
    $267,800
    $1,001,000
    $1,268,800
    More about this property
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