Industrial Property with Office
7201 Westside Saginaw Rd Bay City, MI 48706
7201 Westside Saginaw Rd, Bay City, MI, 48706
$649,000
For Sale
$649,000
Flex-style industrial property on a 2.1-acre site with heated and cold storage warehouses plus multiple office spaces.
Property Size8,936 SF
Lot Size2.10 Acres
Price / SF$72.63
Days on Market190
Property Features for 7201 Westside Saginaw Rd
General Information
- Standard status
- Active
- Size
- 8,936 SF
- Lot size
- 2.10 Acres
- Property subtype
- Industrial, Investment
Building Details
- Year Built
- 2002
Listing agency
COMMERCIAL EQUITIES
(989) 684-4800
Listed by
Sandra J. Covaleski · License #6502139796
(989) 684-4800
Source
Cpix.resimplifi
Added: Jan 13 Updated: Jul 21 at 10:48PM Checked: Jul 21 at 10:48PM
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.
Industrial property on a 2.1-acre site featuring two office spaces and multiple warehouse components. The south buildings include 1,080 SF of front office space, 3,496 SF of heated warehouse space with two 12' x 12' overhead doors, and an east section of 1,768 SF cold storage served by a 12' x 16' sliding door.
Additional space is located in the north buildings with 1,440 SF of front office space, including 480 SF of office and 960 SF of heated garage space, along with an east heated warehouse of 1,152 SF. The property offers approximately 755' of frontage on M-84 (Westside Saginaw Road).
Overall, the layout combines office areas with heated warehouse and cold storage space, supported by multiple loading doors sized for practical material handling.
Additional space is located in the north buildings with 1,440 SF of front office space, including 480 SF of office and 960 SF of heated garage space, along with an east heated warehouse of 1,152 SF. The property offers approximately 755' of frontage on M-84 (Westside Saginaw Road).
Overall, the layout combines office areas with heated warehouse and cold storage space, supported by multiple loading doors sized for practical material handling.
Key Highlights
- 2.1‑acre flex‑style industrial site with approx. 755' frontage on M‑84 (Westside Saginaw Road)
- Two office spaces occupied by tenants plus front office space on both the north and south buildings
- South building includes 1,080 SF front office, 3,496 SF heated warehouse, and two 12' x 12' overhead doors
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $7.64 |
| − Vacancy | −$3.8k | −$0.43 |
| EGI | $64.5k | $7.21 |
| − OpEx | −$9.7k | −$1.08 |
| NOI | $54.8k | $6.13 |
8,936 SF · lease $7.64/SF/yr · vacancy 5.59% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.42M
NOI $84,928 @ 7.0% cap · market cap 13.09%
Second Best
Flex RnD
$1.20M
$1.05M – $1.40M
NOI $83,740 @ 7.0% cap · market cap 12.90%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,237 @ 7.0% cap · market cap 17.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brian Leddy's Lawn ...
Landscaping
US Interior Department
Sustainability Organization
Aurora Preserved Flowers
Florist
Larry Knoerr Builder ...
Construction Company
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FAQs
What type of property is this?
Flex space - Flex-style industrial property on a 2.1-acre site with heated and cold storage warehouses plus multiple office spaces.
Where is this flex space located?
The property is located at 7201 Westside Saginaw Rd Bay City, MI.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2.1‑acre flex‑style industrial site with approx. 755' frontage on M‑84 (Westside Saginaw Road); Two office spaces occupied by tenants plus front office space on both the north and south buildings; South building includes 1,080 SF front office, 3,496 SF heated warehouse, and two 12' x 12' overhead doors
