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    3 Mile Rd Bay City, MI 48706

    For Sale
    $275,000

    4.42 Acres, I-75 Access, C-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.42-acre commercial land parcel presents a unique development opportunity in Bay City, Michigan. Strategically located just off Westside Saginaw Road (M-84) at the I-75 interchange, this property offers unparalleled access to major transportation arteries. The site comprises two parcels and benefits from C-3 Commercial zoning, allowing for a diverse range of commercial uses. Its proximity to a 29-acre adjacent parcel also available for sale, which borders I-75 and the southbound off-ramp, further enhances its potential for large-scale development projects. The location provides excellent visibility and accessibility for businesses seeking high traffic exposure. The asking price for this prime development land is $275,000. This presents a compelling investment opportunity for developers seeking to capitalize on the strategic location and zoning flexibility of this property in the thriving Bay City market. The property is situated in Bay County, Michigan, with a zip code of 48706, and is conveniently located near the intersection of 3 Mile Road and M-84. This location offers significant advantages for businesses seeking easy access to I-75 and the surrounding community. The property's size and zoning make it suitable for a variety of commercial ventures.

    Property Features for 0 3 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    192,535 SF

    HighLights

    • 4.42‑acre commercial land parcel in Bay City, MI.
    • Prime location off M‑84 (Westside Saginaw Road) at the I‑75 interchange.
    • C‑3 Commercial zoning allows diverse commercial uses.
    • $275,000 asking price.
    • Adjacent 29‑acre parcel also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hotel & Motel Auto Parts Store Pharmacy Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.952325942699
    Latitude
    43.557648512357

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    FAQs

    What type of property is this?
    Land - 4.42 Acres, I-75 Access, C-3 Zoning
    Where is this land located?
    The property is located at 3 Mile Rd Bay City, MI.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 4.42-acre commercial land parcel in Bay City, MI.; Prime location off M-84 (Westside Saginaw Road) at the I-75 interchange.; C-3 Commercial zoning allows diverse commercial uses.
    Request Owner's contact information
    3 Mile Rd Bay City, MI 48706
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    Bay City, MI 48706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Mile Rd Bay City, MI 48706
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