$74,000 1,820 SF

1501 Park Ave, Bay City, MI 48708
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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?

$4k

Tax billed · 2023

Assessed value · 2024$43k

Effective rate8.92%

Value estimate

· Nov 2026

$185k

$167k – $204k

NOI build-up

Gross scheduled income$22k

Vacancy & credit loss−$3k

Operating expenses−$6k

NOI · 18.18% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

18.18%

$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

R-1 SINGLE FAML

JurisdictionBAY

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency15.4

HVAC Service10.7

Hair Salon10.1

1501 Park Ave Bay City, MI 48708

County assessor Recorded deeds · not on file 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 · 16 properties nearby

Address Sale price Sold Size

1614 Broadway, Bay City, MI 48708-8539 $30,000 Feb 2026 2,054 SF

1624 Broadway, Bay City, MI 48708-8539 $26,000 Dec 2025 1,904 SF

1504 Cass, Bay City, MI 48708-8741 $110,000 Aug 2024 1,980 SF

2656 Broadway, Bay City, MI 48708-8402 $25,000 Jun 2024 1,876 SF

1014 Johnson, Bay City, MI 48708-6252 $115,000 Mar 2022 1,823 SF

1339 Johnson, Bay City, MI 48708-6257 $49,000 Dec 2021 1,680 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

Value Estimation
$100,000

1,800 SF

1121 Garfield Ave

RETAIL STORES (PERSONAL SERVICES)

1121 Garfield Ave, Bay City, MI 48708-7177

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Value Estimation by Request
1,876 SF

2656 Broadway St

BARBER, HAIR SALON

2656 Broadway St, Bay City, MI 48708-8402

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Value Estimation
$70,000

2,054 SF

1614 Broadway St

RETAIL STORES (PERSONAL SERVICES)

1614 Broadway St, Bay City, MI 48708-8539

View Details
Value Estimation
$110,000

1,611 SF

317 Ctr Ave

RETAIL STORES (PERSONAL SERVICES)

317 Ctr Ave, Bay City, MI 48708-5937

View Details
Value Estimation
$65,000

1,560 SF

1612 Broadway St

RETAIL STORES (PERSONAL SERVICES)

1612 Broadway St, Bay City, MI 48708-8539

View Details
Value Estimation
$575,000

1,538 SF

800 Broadway St

FINANCIAL BUILDING

800 Broadway St, Bay City, MI 48708-7822

View Details

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Existing ventilation components offer a starting point for a future kitchen setup.

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1501 Park Ave Bay City, MI 48708