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Development Land with Utilities at Road
For Sale
$125,000

2 South 2 Mile Road, Bay City, MI 48706

1.91 acres are zoned R-3 for multi-family development, with gas, water, and electric available at the road.

Property SizeContact for details
Days on Market821

Property Features for 2 South 2 Mile Road

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $401
Listing Agency: Commercial Equities
Listed By: Sandra Covaleski · License #6502139796
Source: Compass
Added: May 14, 2024 Changed: Aug 8 Last Checked: Jul 20 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Equities

Investment Insights

Based on property information with market context.

This offering consists of 1.91 acres for development across five parcels north from the NW corner of Wilder. The land is zoned R-3 Medium Density Multi-Family, with the property positioned adjacent to the Traxler Court commercial area for a potential rezoning consideration with Monitor Township.

Utilities are available at the road, including gas, water, and electric, while sewer is available at Wilder Road. The surrounding development context includes plans for new restaurants and a five-story hotel on acreage west of Traxler Court on Wilder, with an additional future phase planned by the developer.

The site’s current zoning and adjacent commercial location may be relevant for buyers evaluating multi-family development under existing entitlements or exploring rezoning options in coordination with local authorities.

Key Highlights

  • 1.91‑acre development site
  • Zoned R‑3 Medium Density Multi‑Family for development
  • Gas, water, and electric available at the road

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 48706, MI

39,381
Population
18,163
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
594
Density / Sq Mi
$61,908
Median Household Income
$40,151
Median Earnings
$887
Median Rent
$142,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.91 acres are zoned R-3 for multi-family development, with gas, water, and electric available at the road.
Where is this commercial land located?
The property is located at 2 South 2 Mile Road Bay City, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1.91‑acre development site; Zoned R‑3 Medium Density Multi‑Family for development; Gas, water, and electric available at the road
More about this property
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