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    FOR SALE
    Industrial properties

    1601 Garfield Ave, Bay City, MI 48708

    24,800 SF 4.97 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-5240708
    Property summary
    AI-generated overview

    This exceptional 24,800-square-foot warehouse, located at 1601 Garfield Ave in Bay City, Michigan, presents a significant opportunity for businesses seeking a single-tenant industrial space. The property boasts a desirable light industrial zoning classification within Bay County, ensuring flexibility for a variety of uses. The building features a single story with a generous 22-foot ceiling height, providing ample vertical space for storage or high-volume operations. Access is facilitated by three dock-high doors and one drive-in door, ensuring efficient loading and unloading of goods. The entire 24,800 square feet is currently vacant and ready for immediate occupancy. The property's address is 1601 Garfield Ave, Bay City, MI 48708. Its convenient location within Bay County offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. This warehouse represents a rare opportunity to secure a substantial, well-equipped industrial space in a prime Bay City location. The property is zoned for light industrial use.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 24,800 SF
    Lot 4.97 ac (216,493 SF)
    Zoning code M-1 LT IND
    APN 160-033-181-001-00
    UPID US43-5240708
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Big M Investments LLC · 4 yrs held
    Big M Investments LLC
    since 2021
    4 recorded transactions
    2021
    2018
    $225,000
    2005
    $220,000
    2005
    Zoning & alternative use
    M-1 LT IND · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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