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Property profile & analytics
FOR SALE
Industrial land

1515 N Johnson St Bay City, MI 48708

6.52 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US43-0458708
Property summary
AI-generated overview

This exceptional 6.52-acre commercial/industrial development site is ideally located at the hard corner of Kethcum Street and N Johnson Road in Bay City, Michigan (48708). Priced at $615,000, this cleared lot boasts 950 feet of frontage and presents a unique build-to-suit opportunity. Zoned M2 General Industrial, the property allows for a wide range of uses, including but not limited to: industrial, agricultural, residential, dispensary, distribution, and warehousing. Recent approvals for cannabis production and marijuana distribution further enhance its potential. Its strategic location offers easy access to Interstate 75 (I-75) and proximity to the Saginaw River. The property is owned by Green Leedership, LLC and is offered for sale by owner. Permitted uses under the M2 zoning include distribution, research and development, manufacturing (electronics, metals, rubber, paper, vehicles, food & leather), recycling, tool/dye shops, warehousing, and agricultural applications (including cannabis). This prime location and versatile zoning make this a highly attractive investment for developers seeking a ready-to-build site with significant upside potential. The property is completely cleared and ready for immediate development.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 6.52 ac (284,055 SF)
Zoning code M-2 GEN IND
APN 160-022-101-002-00
UPID US43-0458708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
GREEN LEEDERSHIP LLC
GREEN LEEDERSHIP LLC
Zoning & alternative use
M-2 GEN IND · Bay City, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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