New search
Property profile & analytics
OFF-MARKET
Retail space
909 Saginaw St, Lansing, MI 48915-1964
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1119515
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Total area
1,650 SF
Lot
0.06 ac (2,570 SF)
Zoning code
F COMM
APN
33-01-01-17-226-231
UPID
US43-1119515
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
-
Peace Connections Event Venue Hotel & Motel Resort
-
Family Life Baptist Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A L Williams Consulting LLC · 1 yrs held
A L Williams Consulting LLC
since 2025
7 recorded transactions
Zoning & alternative use
F COMM · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansing submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$3,173
Tax year 2020
Assessed value
$32,500
Assessed 2023
Previous assessed
$32,500
+0.0% YoY
Effective rate
9.76%
On assessed value
Assessed land
$5,100
Assessed improvement
$27,400
Land market value
$10,200
Improvement market value
$54,800
Total market value
$65,000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Heating
YES
Stories
1
Bathrooms
2
Total area
1,650 SF
Lot
0.06 ac (2,570 SF)
Zoning code
F COMM
APN
33-01-01-17-226-231
UPID
US43-1119515
Jurisdiction
INGHAM
Zoning & alternative use
F COMM · Lansing, MI
Zoning F COMM · permitted uses
F COMM · Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
YES
Stories
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
A L Williams Consulting LLC
Entity
Mailing address
30311 FOX CLB DR, FARMINGTON HILLS, MI 48331-6007
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
—
A L Williams Consulting LLC
—
Deed
related
$100,000 · Commercial Capital LLC
Jan 9, 2025
—
A L Williams Consulting LLC
Peace Connections LLC
Quitclaim Deed
related
$100,000 · Commercial Capital LLC
Jun 5, 2024
—
Aaron Williams
Madeleine Wu
Quitclaim Deed
related
—
Apr 11, 2024
—
Aaron Williams
Cameron Dilday
Quit Claim Deed
related
—
Aug 28, 2023
—
Ea LLC
Harry H Hepler
Quitclaim Deed
related
—
Dec 7, 2021
—
A L Williams Consulting LLC
Maximillian B Boortz
Other
$176,000 · Loandepot.com LLC
Feb 25, 2021
—
Ingham County Treasuer
Ingham Cnty Land Bk Fast Track Auth
Quitclaim Deed
related
—
Jan 6, 2021
$150,000
Maximilian B Boortz
Kevin K Skiba
Warranty Deed
—
Nov 10, 2020
$21,085
Ingham Cnty Lnd Bk Fast Trust Au
Barb Byrum
Quitclaim Deed
related
—
Oct 23, 2020
$21,085
County Of Ingham
Eric A Schertzing
Quitclaim Deed
related
—
Dec 10, 2019
—
Sunshine Reo Management LLC
Eric A Schertzing
Quitclaim Deed
related
—
Dec 3, 2018
—
Maximilian B Boortz
Sklba,kevin K & Linda M
Quit Claim Deed
related
—
Nov 2, 2016
—
Adept Commercial Services LLC
Barron,mike
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 909 Saginaw St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
