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    1515 Johnson St Bay City, MI 48708

    Sponsored
    For Sale
    $615,000

    6.52 Acres, Build-to-Suit Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.52-acre commercial/industrial development site is ideally located at the hard corner of Kethcum Street and N Johnson Road in Bay City, Michigan (48708). Priced at $615,000, this cleared lot boasts 950 feet of frontage and presents a unique build-to-suit opportunity. Zoned M2 General Industrial, the property allows for a wide range of uses, including but not limited to: industrial, agricultural, residential, dispensary, distribution, and warehousing. Recent approvals for cannabis production and marijuana distribution further enhance its potential. Its strategic location offers easy access to Interstate 75 (I-75) and proximity to the Saginaw River. The property is owned by Green Leedership, LLC and is offered for sale by owner. Permitted uses under the M2 zoning include distribution, research and development, manufacturing (electronics, metals, rubber, paper, vehicles, food & leather), recycling, tool/dye shops, warehousing, and agricultural applications (including cannabis). This prime location and versatile zoning make this a highly attractive investment for developers seeking a ready-to-build site with significant upside potential. The property is completely cleared and ready for immediate development.

    Property Features for 1515 Johnson St

    General Information

    Property type
    Land
    Lot Size
    284,011 SF

    HighLights

    • 6.52‑acre commercial/industrial development site in Bay City, MI (48708).
    • $615,000 asking price; 950 feet of frontage.
    • M2 General Industrial zoning; permitted uses include warehousing, distribution, and cannabis production.
    • Cleared and ready for immediate development; excellent I‑75 access.
    • Build‑to‑suit opportunity near Saginaw River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.8729551
    Latitude
    43.6066522

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    FAQs

    What type of property is this?
    Land - 6.52 Acres, Build-to-Suit Opportunity
    Where is this land located?
    The property is located at 1515 Johnson St Bay City, MI.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: 6.52-acre commercial/industrial development site in Bay City, MI (48708).; $615,000 asking price; 950 feet of frontage.; M2 General Industrial zoning; permitted uses include warehousing, distribution, and cannabis production.
    (248) 988-9341
    Request Owner's contact information
    1515 Johnson St Bay City, MI 48708
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    Bay City, MI 48708
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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
    1515 Johnson St Bay City, MI 48708
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