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    Straits Dr Bay City, MI 48706

    For Sale
    $150,000

    2.25-acre I-1 zoned lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.25-acre parcel presents a remarkable opportunity for industrial development within Bay County's Valley Center Technology Park. Strategically located just off US-10, this I-1 zoned land offers unparalleled access to major transportation routes, placing businesses within easy reach of Bay City (to the west) and Midland (15 miles to the east). All utilities are readily available, eliminating the complexities and delays often associated with infrastructure development. The property's location within the established Valley Center Technology Park provides access to a supportive business environment and potential synergies with existing companies. This prime development lot is priced competitively at $150,000, representing a significant value proposition for investors and developers seeking a strategic foothold in a thriving Michigan market. The address is on Straits Dr, Bay City, MI 48706. This is a rare opportunity to acquire a ready-to-develop site in a desirable location. The property's size and zoning make it suitable for a variety of industrial uses, offering flexibility for diverse development plans.

    Property Features for 0 Straits Dr

    General Information

    Property type
    Land

    HighLights

    • $150,000 asking price.
    • 2.25‑acre land parcel.
    • Located in Bay County's Valley Center Technology Park, Bay City, MI.
    • I‑1 Industrial zoning.
    • All utilities available.
    • Conveniently located off US‑10, west of Bay City and 15 miles east of Midland.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.993891647919
    Latitude
    43.592744707756

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    FAQs

    What type of property is this?
    Land - 2.25-acre I-1 zoned lot, prime location.
    Where is this land located?
    The property is located at Straits Dr Bay City, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price.; 2.25-acre land parcel.; Located in Bay County's Valley Center Technology Park, Bay City, MI.
    Request Owner's contact information
    Straits Dr 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
    Straits Dr Bay City, MI 48706
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