Financial
Distress signals
Property profile

306 Salzburg Ave Bay City, MI 48706

OFF-MARKET
Office buildings
Property ID
US43-1105748
1,488 SF 0.3 ac lot Built 1900
Last sale Oct 2025 · $72,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space located in the Salzburg Business District of Bay City, Michigan (48706). It provides approximately 1,500 square feet of adaptable interior area and includes 2 offices, a bathroom, and a full basement. The associated lot measures 43 by 120 feet, offering space for business operations. The building has a roof replacement that was installed, and the site is positioned among local commercial uses with nearby bars, restaurants, and retail businesses, contributing to frequent pedestrian traffic.

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?
$7k
Tax billed · 2023
Assessed value · 2024$58k
Effective rate11.86%

Value estimate

· Sep 2026
$85k
$77k – $94k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$33 – $90

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.7
Realty agency13.7
HVAC Service10.4

Location

306 Salzburg Ave Bay City, MI 48706-5320
County assessor Recorded deeds · 11 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
3364 Huron, Bay City, MI 48706-1555 $125,000 Nov 2024 1,200 SF
414 Gies, Bay City, MI 48706-3232 $165,000 May 2023 1,860 SF
101 Marquette, Bay City, MI 48706-4844 $52,000 Sep 2021 1,716 SF
1601 Marquette St, Bay City, MI 48706-4196 $325,000 Jun 2021 1,972 SF
2502 Midland, Bay City, MI 48706-9202 $300,000 Nov 2019 1,370 SF
706 Euclid, Bay City, MI 48706-3304 $125,000 Apr 2019 2,180 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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