Entity Owned 
For Lease
1 / 7
$32 SF/Yr
7733 E Saginaw St, East Lansing, MI 48823
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2021
Total area
7,897 SF
Lot
4.1 ac (178,596 SF)
Zoning code
DEVELOPMEN
APN
010-034-400-015-60
UPID
US43-2467168
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bakery Specialty Food Shop
-
Bakery Specialty Food Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
since 2023
3 recorded transactions
Zoning & alternative use
DEVELOPMEN · East Lansing, MI
Top alternative use upside
Restaurant
$900,000
+15.4%
Auto repair, garage
$805,000
+3.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$345k
Value range
$311k – $380k
±10% around blend
Estimated value / SF
$44 / SF
Confidence
Property data
88
Comparable evidence
60
Income certainty
100
$311k
blend $345k
$380k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,897 SF
Lot area
4.1 ac
Year built
2021
Stories
1
APN
010-034-400-015-60
Zoning
DEVELOPMEN
Assessed value
$634,400
3
Income approach: direct capitalization
Partial preview
Income approach indication
$860k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$935k
@ 6.5% CAP return
$860k
@ 7% CAP return
$800k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$345k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+15%
vs current-use indication
Auto Repair, Garage
Commercial (general) · current use
Retail Stores
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.00M
Move the market yield to see immediate price impact.
Value / SF
$127
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$63k
$1.26M
$900k
$700k
$70k
$1.40M
$1.00M
$778k
$77k
$1.54M
$1.10M
$856k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$634,400
Assessed 2024
Previous assessed
$660,900
-4.0% YoY
Assessed land
$133,900
Assessed improvement
$500,500
Land market value
$267,800
Improvement market value
$1,001,000
Total market value
$1,268,800
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Lease
Year built
2021
Heating
YES
Stories
1
Bathrooms
2
Total area
7,897 SF
Lot
4.1 ac (178,596 SF)
Zoning code
DEVELOPMEN
APN
010-034-400-015-60
UPID
US43-2467168
Jurisdiction
CLINTON
Zoning & alternative use
DEVELOPMEN · East Lansing, MIZoning DEVELOPMEN · permitted uses
DEVELOPMEN · East Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
YES
Stories
1
Bathrooms
2
Lot
4.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
DEVELOPMEN
Jurisdiction
East Lansing, MI
Recorded code
DEVELOPMEN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DEVELOPMEN in East Lansing, MI.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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