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Property profile & analytics
OFF-MARKET
Warehouses

700 Marquette Ave Bay City, MI 48706

42,000 SF 5.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Bay City, Michigan property presents a compelling redevelopment opportunity. Located at 700 Marquette Ave, 48706, this industrial waterfront site boasts a total of 42,000 square feet across two buildings on a 5.6-acre lot. The property is currently vacant, offering immediate potential for a variety of uses. The asking price for the entire 5.6-acre parcel is $758,000, representing a price per square foot of $18.05. The site is strategically situated on the Saginaw River, adjacent to a marina, condos, and a park, providing excellent visibility and access. The property is comprised of two 2.8-acre parcels. The northern parcel encompasses the existing 42,000 square foot, two-story warehouse building. The southern parcel is vacant and available separately for $398,500. This unique offering allows for flexibility, with the potential to develop the vacant land independently or in conjunction with the existing warehouse. The property's prime location and substantial size make it an ideal investment for developers seeking a high-impact project in a desirable waterfront setting. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Total area 42,000 SF
Lot 5.6 ac (243,936 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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