Financial
Distress signals
Property profile

5910 2nd Mile Rd Bay City, MI 48706

OFF-MARKET
Other warehouses
Property ID
US43-1288405
47,000 SF 2.28 ac lot Built 1975
Last sale Nov 2022 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property provides shared warehouse/storage space within a larger building, with up to approximately 22,000 square feet available on the west end. The storage area includes a grade-level loading door to support accessible loading and unloading. The premises are equipped with a camera security system, and the building also contains another tenant occupying a separate portion of the facility.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value · 2024$305k
Effective rate5.00%

Value estimate

· Sep 2026
$790k
$711k – $869k
Sales comparison$588k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$31/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$13 – $46

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.6
Dental Office13.0
Law Firm12.0

Location

5910 2nd Mile Rd Bay City, MI 48706-3173
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 Henry, Bay City, MI 48706 $200,000 Aug 2024 18,000 SF
304 State, Bay City, MI 48706-3761 $150,000 Nov 2023 7,992 SF
1321 Vly Ctr, Bay City, MI 48706-9798 $87,500 Oct 2023 71,568 SF
Westside Saginaw, Bay City, MI 48706 $129,000 Oct 2021 18,105 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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