Mixed-Use Property with Highway
3788 S Huron, Bay City, MI 48706
For Sale
$799,900
The site combines a commercial building used for a cement step business with a four-bedroom residence.
Property Size6,300 SF
Lot Size7.00 Acres
Price / SF$126.97
Days on Market388
Property Features for 3788 S Huron
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Currently Operating
Property Use
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Re/Max Results
(989) 686-3400
Listed By:
Steven Shabluk · License MI #6501319455
(989) 239-4387
Source:
Jabachler
Added: Oct 21, 2025
Changed: Nov 12
Last Checked: Nov 11 at 11:22PM
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 Re/Max Results
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 6,300-square-foot commercial building currently used for a cement step business, alongside a 4-bedroom, 2-bathroom home. The land spans over 7 acres and is zoned for commercial and residential use. An additional parcel, 010-007-200-250-00, is included in the offering.
Approximately 650 feet of highway frontage serves the property. MDOT data for 2024 records traffic at over 6,700 annual average daily vehicles.
Approximately 650 feet of highway frontage serves the property. MDOT data for 2024 records traffic at over 6,700 annual average daily vehicles.
Key Highlights
- Over 7 acres with commercial and residential zoning
- 6,300‑square‑foot commercial building currently used for a cement step business
- 4‑bedroom, 2‑bathroom home on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,156
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,120
$1.1M
Cap Rate 7%
$759,371
$759.4K
Cap Rate 9%
$590,622
$590.6K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$94.5K $15.00/SF
− Vacancy
−$9.5K −$1.50/SF
EGI
$85.1K $13.50/SF
− OpEx
−$31.9K −$5.06/SF
NOI
$53.2K $8.44/SF
Area
Bay County, MI
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,120
Cap Rate 7%
$759,371
Cap Rate 9%
$590,622
Alternative Uses
Best Use
Mixed Use
$759.4K
$664.5K – $885.9K
NOI $53,156 @ 7.0% cap · market cap 6.65%
Second Best
Industrial
$454.4K
$397.6K – $530.2K
NOI $31,809 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.14M
$997.9K – $1.33M
NOI $79,834 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines a commercial building used for a cement step business with a four-bedroom residence.
Where is this mixed-use property located?
The property is located at 3788 S Huron Bay City, MI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Over 7 acres with commercial and residential zoning; 6,300‑square‑foot commercial building currently used for a cement step business; 4‑bedroom, 2‑bathroom home on the property
