Freestanding Storefront Retail
For Sale
$699,000
3772 Wilder Rd, Bay City, MI 48706
Renovated commercial building with M-1 zoning and flexibility for several retail and service-oriented uses.
Property Size4,080 SF
Price / SF$171.32
Days on Market224
Property Features for 3772 Wilder Rd
General Information
Standard status
Active
Size
4,080 SF
Property subtype
Retail
Zoning
M-1
Site & Location
Traffic Count
19,000 vehicles/day
Road Access
Yes
Additional Details
Land Use
retail
Amenities
Sewer
Building Details
Year Built
1972
Year Renovated
2018
Listing Agency:
Signature Associates
Listed By:
Joe Rizqallah
(616) 235-6007
Source:
Carwm.resimplifi
Added: Mar 4
Changed: Oct 12
Last Checked: Oct 12 at 4:44PM
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 Signature Associates
Investment Insights
Based on property information with market context.
This freestanding storefront retail property contains 4,080 square feet and was renovated in 2018. Built in 1972, the building carries M-1 zoning and is offered without deed restrictions. The property’s prior retail use and existing configuration support consideration for coffee, café, restaurant, clothing, banking, and other commercial concepts, subject to applicable approvals.
The site fronts Wilder Rd in Bay City and is positioned along a roadway with almost 19,000 cars per day. Medical marijuana use is also identified as a potential application for the property, providing an additional use direction within the stated zoning and regulatory framework.
The site fronts Wilder Rd in Bay City and is positioned along a roadway with almost 19,000 cars per day. Medical marijuana use is also identified as a potential application for the property, providing an additional use direction within the stated zoning and regulatory framework.
Key Highlights
- 4,080‑square‑foot freestanding retail building
- Renovated in 2018; originally built in 1972
- M‑1 zoning with no deed restrictions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,159
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,180
$603.2K
Cap Rate 7%
$430,843
$430.8K
Cap Rate 9%
$335,100
$335.1K
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$49.0K $12.00/SF
− Vacancy
−$5.9K −$1.44/SF
EGI
$43.1K $10.56/SF
− OpEx
−$12.9K −$3.17/SF
NOI
$30.2K $7.39/SF
Area
Bay County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,180
Cap Rate 7%
$430,843
Cap Rate 9%
$335,100
Alternative Uses
Best Use
Retail
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.6K
$646.3K – $861.7K
NOI $51,702 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
19,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
329k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Dining 26%
Shops & Services 24%
Home Improvements & Furnishings 12%
Walmart
Superstores
98,736 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
27,125 visits/mo
0.4 miles
McDonald's
Dining
20,563 visits/mo
0.1 miles
Buffalo Wild Wings
Dining
17,439 visits/mo
0.5 miles
Starbucks
Dining
17,132 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Renovated commercial building with M-1 zoning and flexibility for several retail and service-oriented uses.
Where is this storefront property located?
The property is located at 3772 Wilder Rd Bay City, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,080‑square‑foot freestanding retail building; Renovated in 2018; originally built in 1972; M‑1 zoning with no deed restrictions
