Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3434 Kiesel Rd Bay City, MI 48706

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3434 Kiesel Rd Bay City, MI 48706

    View on Map
    • Apartment buildings
    • 1,090,000 SF
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3434 Kiesel Rd

    Lot size
    10.00 lot acres
    Property size
    1,090,000 SF
    Property type
    Apartment buildings

    Description

    This exceptional 1,148 square foot retail space, located at 110 Breakwater Court in Palm Beach County, is currently configured as a hair salon. The property is a single-tenant space within a Class B building, offering a convenient and established location for a variety of retail businesses. The zoning allows for both retail and office uses, providing flexibility for potential tenants. The property's APN is 30434106540040000. While the lot size is not specified, the building itself offers a significant footprint for a variety of retail ventures. This property presents a unique opportunity for entrepreneurs seeking a well-established space in a desirable location. The building consists of only one suite, ensuring a private and independent business environment. For businesses requiring more space, there is the possibility of combining this property with the adjacent 108 Breakwater Court, resulting in a total of approximately 3,045 square feet. This presents a significant expansion opportunity for businesses needing a larger footprint. This property is zoned for Retail/Office use, offering versatility for a range of business types. Serious inquiries are encouraged to explore the potential of this prime retail location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.9169
    Latitude
    43.6166

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      1401 State St

      Multifamily properties • 1,000 SF
      1401 State St, Bay City, MI 48706
      View Details
    • Value Estimation by Request
      35.76 Acres

      Huron Rd

      Individual retail properties • 35.76 Acres
      0 Huron Rd, Kawkawlin, MI 48706
      View Details
    • Value Estimation by Request
      113.42 Acres

      3000 Bangor Rd

      Land • 113.42 Acres
      3000 Bangor Rd, Bay City, MI 48706
      View Details
    • Value Estimation by Request
      0.23 Acres

      3418 Kiesel Rd

      Land • 0.23 Acres
      3418 Kiesel Rd, Bay City, MI 48706
      View Details
    • Value Estimation by Request
      33.72 Acres

      4101 Wilder Rd

      COMMERCIAL (GENERAL) • 33.72 Acres
      4101 Wilder Rd, Bay City, MI 48706-2214
      View Details
    • Value Estimation by Request
      0.29 Acres

      605 Wenona St

      INDUSTRIAL - VACANT LAND • 0.29 Acres
      605 Wenona St, Bay City, MI 48706-4558
      View Details

    Similar Nearby for Sale

    • $364,000
      15,000 SF

      Mixed-Use Investment in Bay City

      Historic 15,000 SF mixed-use building with redevelopment potential.
      301 E Midland St, Bay City, MI 48706
      View Details
    • $105,000
      Pending

      Multifamily Portfolio Opportunity

      Multifamily unit offered as part of a larger portfolio.
      505 S Dean St, Bay City, MI 48706
      View Details
    • $164,900

      Certified Rental Duplex Opportunity

      Well-located duplex with income potential near Carol Park.
      1813 3Rd St, Bay City, MI 48706
      View Details
    • $364,000

      Mixed-Use Building in Midland District

      Historic mixed-use building with retail and residential redevelopment potential.
      301 E Midland St, Bay City, MI 48706
      View Details
    • $89,000
      Pending

      Multifamily Portfolio Opportunity

      Multifamily unit offered as part of a larger portfolio.
      1303 S Euclid Ave, Bay City, MI 48706
      View Details
    • $149,900
      2,681 SF

      Multi-Unit Property with Commercial Space

      Three-unit property featuring a commercial space and residential units.
      206 Marquette St, Bay City, MI 48706
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,300 SF

      Versatile Flex Space Available

      3,300 SF flex space suitable for various business uses.
      3730 Wilder Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Industrial Warehouse in Ace Park

      Condominium warehouse near Saginaw Bay with office and overhead door.
      4402 Ace Commercial Ct, Bay City, MI 48706
      View Details
    • Contact for pricing

      Office or Retail Space Available

      Reduced price! Office or retail space with shared amenities.
      6004 Westside Saginaw Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for lease, high-traffic corner location.
      3480 North Union Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      New Flex Space Available

      4,320 SF flex space near I-75 and US-13/23.
      3921 Traxler Ct, Bay City, MI 48706
      View Details
    • $12 SF/Yr

      Bay Professional Building

      Single or Multi-Room Suites Available in Bay City
      200 Wenona St, Bay City, MI 48706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3434 Kiesel Rd
    Bay City, MI 48706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!