Property profile

2435 Marquette St Bay City, MI 48706

OFF-MARKET
Industrial land
Property ID
US43-1570417
3.55 ac lot
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10.02-acre industrial property in Bay City, Michigan, presents a unique owner-user opportunity. The 435,600-square-foot manufacturing facility boasts 100% occupancy until November 6, 2024, currently leased to Harbor Freight. Situated on a sizable lot, this property offers significant expansion potential, with up to 30 additional adjacent acres available. The site benefits from convenient access to major highways, international shipping via boat, rail, and highway, and proximity to an airport. Essential utilities—sewer, water, electricity, and gas—are readily available on-site, along with a significant advantage of being located just one mile from a large electric generating plant. The property is zoned industrial and features ample power for various industrial uses. Previous approvals exist for a grow and processing facility, making it suitable for diverse manufacturing operations. Soil sample reports are available upon request. The asking price is $435,000, translating to $43,500 per acre. The property's address is 2435 Marquette St, Bay City, MI 48706, and the APN is 160-015-126-019-00, 160-015-126-022-00. This fee-simple ownership opportunity is ideal for businesses seeking a strategically located, expandable industrial facility.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.55 ac (154,638 SF)
Zoning code M-2 GEN IND
APN 160-015-126-019-00
UPID US43-1570417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2435 Marquette St Bay City, MI 48706
Bay City metro Census 281300 BAY CITY, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2020
Price N/A
2019
$56,450

Zoning & alternative use

M-2 GEN IND · Bay City, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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