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Property profile & analytics
OFF-MARKET
Day care centers
208 State Park Dr Bay City, MI 48706-1761
Entity Owned
Free & Clear
Property ID
US43-1485269
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1944
Total area
39,767 SF
Lot
14.61 ac (636,412 SF)
Zoning code
R-1
APN
010-005-400-270-00
UPID
US43-1485269
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
Current use
Occupant on record · Public records
-
Bangor Central Elementary School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BANGOR TOWNSHIP SCHOOLS
BANGOR TOWNSHIP SCHOOLS
Zoning & alternative use
R-1 · Bay City, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
option of zoning map. Sec. 122-83. - Interpretation of location of district boundaries. Sec. 122-84. - Zoning of vacated areas. Sec. 122-85. - Zoning of filled land. Secs. 122-86-122-100. - Reserved. Expand ARTICLE V. - R-1, SINGLE-FAMILY RESIDENTIAL DISTRICT, R-2, SINGLE- AND TWO-FAMILY RESIDENTIAL DISTRICT, RM-1, MEDIUM DENSITY MULTIPLE-FAMILY RESIDENTIAL…
Zone name
Single Family Residential District
General category
RESIDENTIAL
Zone area
3.06 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36
Tax year 2023
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1944
Heating
FORCED AIR
Stories
1
Total area
39,767 SF
Lot
14.61 ac (636,412 SF)
Zoning code
R-1
APN
010-005-400-270-00
UPID
US43-1485269
Jurisdiction
BAY
Zoning & alternative use
R-1 · Bay City, MIZoning R-1 · permitted uses
R-1 · Bay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
option of zoning map. Sec. 122-83. - Interpretation of location of district boundaries. Sec. 122-84. - Zoning of vacated areas. Sec. 122-85. - Zoning of filled land. Secs. 122-86-122-100. - Reserved. Expand ARTICLE V. - R-1, SINGLE-FAMILY RESIDENTIAL DISTRICT, R-2, SINGLE- AND TWO-FAMILY RESIDENTIAL DISTRICT, RM-1, MEDIUM DENSITY MULTIPLE-FAMILY RESIDENTIAL DISTRICT, RM-2, HIGH RISE MULTIPLE-FAMILY RESIDENTIAL DISTRICT ARTICLE V. - R-1, SI
Zone name
Single Family Residential District
General category
RESIDENTIAL
Zone area
3.06 ac
Building & site characteristics
From public records
Year built
1944
Heating
FORCED AIR
Stories
1
Lot
14.61 ac
Current owner
From public records · entity-resolved
BANGOR TOWNSHIP SCHOOLS
Individual
Free & Clear · 0 yrs held
Mailing address
3359 E MIDLAND RD, BAY CITY, MI 48706-2825
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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