1484 Straits DrBay City, MI 48706

  • Mixed-use properties
  • 18,750 SF
For Sale
$1,710,000 View listing

Property Details for 1484 Straits Dr

Year built
2003
Lot size
2.48 AC
Property size (Sq ft)
18,750 SF
Zone code
I-1
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
100-V06-000-003-01
APU
100V0600000301

Description

This exceptional 3,620 square-foot executive office suite is situated in the prestigious Valley Center Technology Park, located at 1484 Straits Dr, Bay City, MI 48706. The property is a Class B, single-tenant office space ideal for a variety of businesses. The suite boasts a thoughtfully designed layout including four private offices with closed doors, a dedicated conference room, and several expansive open areas perfect for collaborative work or flexible configurations. Two ADA-compliant restrooms are conveniently located within the suite. The monthly rent is $3,393.75, NNN. This location offers unparalleled access to US-10 at Mackinaw Road, placing your business at the heart of Bay County's premier business park, ensuring high visibility and convenient access for clients and employees. The suite's modern design and functional layout provide a professional and efficient work environment. This is a rare opportunity to secure a high-quality office space in a thriving business community. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,980,120
    6.5%
    $3,673,956
    7%
    $3,411,531
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,718,506
    Geo Method
    $2,718,506
  • Alternative Use

    Use
    Valuation
    Residential
    $3,673,956
    Hospitality
    $3,365,324
    Educational
    $2,799,910
    Medical
    $2,896,204
    Retail
    $4,355,416
1484 Straits Dr, Bay City, Michigan
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Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.5922
Longitude
-83.9934
CBSA code
13020
CBSA name
BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,469
-
-
$373,700
-
-
-
$747,400

FAQs

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