Industrial Property with Office
For Sale
$649,000
7201 Westside Saginaw Rd, Bay City, MI 48706
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 Market282
Property Features for 7201 Westside Saginaw Rd
General Information
Standard status
Active
Size
8,936 SF
Class
C
Lot size
2.10 Acres
Property subtype
Industrial, Investment
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
8,936 SF
Year Built
2002
Listing Agency:
COMMERCIAL EQUITIES
Listed By:
Sandra J. Covaleski · License #6502139796
(989) 684-4800
Source:
Cpix.resimplifi
Added: Jan 13
Changed: Oct 9
Last Checked: Oct 20 at 5:23PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,786
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,720
$1.1M
Cap Rate 7%
$782,657
$782.7K
Cap Rate 9%
$608,733
$608.7K
Market Conditions
NOI Build-Up for 8,936 SF
Gross rent
$68.3K $7.64/SF
− Vacancy
−$3.8K −$0.43/SF
EGI
$64.5K $7.21/SF
− OpEx
−$9.7K −$1.08/SF
NOI
$54.8K $6.13/SF
Area
Bay County, MI
Vacancy
5.59%
Lease Rate
$7.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,720
Cap Rate 7%
$782,657
Cap Rate 9%
$608,733
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 authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
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
