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    4129 Wilder Rd Bay City, MI 48706

    Sponsored
    For Sale
    $1,400,000

    Former JCPenney, 62,585 SF, 5.69 acres

    Property size:
    62,585 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a former JCPenney building situated on a prominent 5.69-acre lot at the northeast corner of Bay City Town Center, conveniently located at the intersection of Wilder Road and State Street Road in Bay County, Michigan, 48706. The expansive 62,585 square foot building boasts a desirable C-2 Regional Commercial zoning, allowing for diverse commercial uses. The property is in excellent condition and features two loading docks on the south side, a comprehensive sprinkler system, a convenient elevator servicing the mezzanine level, and robust 3-phase power. Climate control is ensured with six rooftop units supplemented by additional interior Reznor units. The anticipated occupancy date is January 12, 2024. This prime location and versatile space offer significant potential for a variety of commercial ventures. The asking price for this owner-user investment is $1,400,000. This is a truly remarkable opportunity for a discerning investor seeking a high-impact redevelopment project in a thriving Michigan community.

    Property Features for 4129 Wilder Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    62,585 SF
    Class
    B
    Lot Size
    247,856 SF

    HighLights

    • Exceptional redevelopment opportunity: 62,585 SF former JCPenney building on a 5.69‑acre lot.
    • Prime Bay City location at Wilder Rd & State St Rd, Bay County, MI 48706, with C‑2 zoning.
    • Excellent condition; features include two loading docks, sprinkler system, elevator, 3‑phase power, and HVAC.
    • Anticipated occupancy: January 12, 2024. Asking price: $1,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    The SALON by InStyle ... Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.889544590697
    Latitude
    43.627010750521

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    FAQs

    What type of property is this?
    Individual retail property - Former JCPenney, 62,585 SF, 5.69 acres
    Where is this individual retail property located?
    The property is located at 4129 Wilder Rd Bay City, MI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Exceptional redevelopment opportunity: 62,585 SF former JCPenney building on a 5.69-acre lot.; Prime Bay City location at Wilder Rd & State St Rd, Bay County, MI 48706, with C-2 zoning.; Excellent condition; features include two loading docks, sprinkler system, elevator, 3-phase power, and HVAC.
    Request Owner's contact information
    4129 Wilder 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
    4129 Wilder Rd Bay City, MI 48706
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