0 Huron Rd Kawkawlin, MI 48706
This exceptional 35.76-acre property in Bay City, Michigan, presents a unique mixed-use development opportunity. Zoned Commercial - Vacant - 202 - Multi-Family, it offers significant potential for various ventures. Currently utilized as farmland under a lease (to be honored by the buyer), the land boasts city water, sewer, and natural gas readily available at the roadside. The property's versatility allows for exploration of diverse projects, including multi-family housing, assisted living facilities, storage units, or even a cannabis dispensary, subject to all necessary permits and approvals. Adding to its appeal, the sale includes mineral and oil rights, with two active oil wells currently on the site. A survey is available for review. The property is conveniently located within a mile of various amenities, making it an attractive location for both residents and businesses. This is a rare chance to acquire a substantial parcel of land with significant development potential in a desirable Michigan location. The asking price is $599,900. Negotiation of mineral and oil rights is part of the sale. There are currently no environmental striations on the site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.