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    Property profile & analytics

    2601 Ctr Ave Bay City, MI 48708-6310

    • Turn key restaurants
    • 2,918 SF
    • 1.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 29, 2024
    $420,000
    Location Intelligence
    Property ID
    US43-1790143
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2601 Ctr Ave

    Year built
    1976
    Lot size
    1.42 lot acres
    Property size
    2,918 SF
    Zone code
    C-2B HWY BUS
    Property type
    Turn key restaurants
    APN
    160-023-352-004-00
    APU
    16002335200400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.8539
    Latitude
    43.5958
    CBSA code
    13020
    CBSA name
    BAY CITY, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,901
    $0.00
    $0.00
    $135,200
    -
    $0.00
    $0.00
    $270,400

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      201 3rd St

      RESTAURANT • 3,000 SF
      201 3rd St, Bay City, MI 48708-5605
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    • Value Estimation by Request
      1,350 SF

      1107 Washington Ave

      RESTAURANT • 1,350 SF
      1107 Washington Ave, Bay City, MI 48708-5707
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    • Value Estimation by Request
      1,740 SF

      1309 Farragut St

      RESTAURANT • 1,740 SF
      1309 Farragut St, Bay City, MI 48708-8044
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    • Value Estimation by Request
      3,066 SF

      2020 Broadway St

      RESTAURANT • 3,066 SF
      2020 Broadway St, Bay City, MI 48708-8545
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    • Value Estimation by Request
      1,057 SF

      2410 Broadway St

      RESTAURANT • 1,057 SF
      2410 Broadway St, Bay City, MI 48708-8516
      View Details
    • Value Estimation by Request
      5,919 SF

      199 Uptown Dr

      RESTAURANT • 5,919 SF
      199 Uptown Dr, Bay City, MI 48708-5615
      View Details

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    2601 Ctr Ave
    Bay City, MI 48708-6310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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