Realmo Analytics

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Property profile

408 John St Bay City, MI 48706

OFF-MARKET
Retail space
Property ID
US43-5264868
1,216 SF 0.04 ac lot Built 1960
Last sale Dec 2021 · $460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a cannabis dispensary offering in Bay City, Michigan, located at 408 E John, Bay City, MI 48706. The listing indicates that a dispensary license is included with the offering and that the space is intended to support dispensary operations; however, the provided information does not specify the building’s size, unit layout, or any operational or facility characteristics. No additional building details, zoning information, or configuration specifics are provided in the source description.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$76k
Effective rate14.40%

Value estimate

· Nov 2026
$540k
$486k – $594k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$55/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$33 – $81

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-2A GENL BUS
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.5
HVAC Service12.2
Garden Center11.9

Location

408 John St Bay City, MI 48706-4607
County assessor Recorded deeds · 9 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
2525 Euclid, Bay City, MI 48706-1106 $274,900 Jun 2025 1,536 SF
207 Linn, Bay City, MI 48706-4942 $70,000 Jan 2025 1,152 SF
800 Henry, Bay City, MI 48706-3635 $206,000 Mar 2024 1,344 SF
502 Midland, Bay City, MI 48706-4769 $82,500 Dec 2023 1,665 SF
434 State Park, Bay City, MI 48706-1138 $110,000 Nov 2022 2,400 SF
1200 Wenona, Bay City, MI 48706-5176 $84,900 Jun 2021 2,336 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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