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Financial
Distress signals
Property profile

3 State Park Dr Bay City, MI 48706

FOR SALE
Grocery and convenience stores
Property ID
US43-5224777
2,030 SF 0.45 ac lot Built 1956
Last sale Nov 2023 · $1,430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3 State Park Dr, Bay City, MI 48706 For Sale 1 / 13
Contact for pricing 2,030 SF
3 State Park Dr, Bay City, MI 48706
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$267k
Effective rate1.47%

Value estimate

· Oct 2026
$1.57M
$1.41M – $1.72M
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 8.92% cap applied$26k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.92%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Law Firm18.5
Hair Salon14.4

Location

3 State Park Dr Bay City, MI 48706
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2525 Euclid, Bay City, MI 48706-1106 $274,900 Jun 2025 1,536 SF
3543 Old Kawkawlin, Bay City, MI 48706-2040 $787,200 Dec 2024 2,780 SF
401 Euclid, Bay City, MI 48706-3205 $620,000 Dec 2024 3,024 SF
6303 Westside Saginaw, Bay City, MI 48706-9391 $4,240,000 Dec 2024 2,881 SF
502 Midland, Bay City, MI 48706-4769 $82,500 Dec 2023 1,665 SF
434 State Park, Bay City, MI 48706-1138 $110,000 Nov 2022 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation by Request
    1,800 SF
    3403 Huron Rd
    BARBER, HAIR SALON
    3403 Huron Rd, Bay City, MI 48706-1552
    View Details
  • Value Estimation by Request
    2,300 SF
    1479 Straits Dr
    FINANCIAL BUILDING
    1479 Straits Dr, Bay City, MI 48706-8706
    View Details
  • Value Estimation
    $105,000
    1,752 SF
    3620 Huron Rd
    RETAIL STORES (PERSONAL SERVICES)
    3620 Huron Rd, Bay City, MI 48706-2023
    View Details
  • Value Estimation by Request
    1,549 SF
    1002 Indiana St
    FINANCIAL BUILDING
    1002 Indiana St, Bay City, MI 48706-4200
    View Details
  • Value Estimation by Request
    1,435 SF
    3780 Wilder Rd
    CONVENIENCE STORE
    3780 Wilder Rd, Bay City, MI 48706-2126
    View Details
  • Value Estimation by Request
    3,088 SF
    309 Euclid Ave
    FINANCIAL BUILDING
    309 Euclid Ave, Bay City, MI 48706-2911
    View Details

Similar in This City for Sale

  • Contact for pricing
    1,665 SF
    One-Level Retail and Salon Building
    One-level commercial building with an operating furnished salon plus an unfinished second half for flexible tenant use.
    500 E Midland Street, Bay City, MI 48706
    View Details
  • Contact for pricing
    3,800 SF
    Well-Maintained Commercial Space on Wilder Road
    Clean, well-maintained commercial space with ample parking and secure storage.
    4330 Wilder Rd, Bay City, MI 48706
    View Details
  • New
    $699,000
    4,080 SF
    Freestanding Retail Property on Wilder
    Retail site for sale with high traffic volume.
    Bay City, MI 48706
    View Details
  • $495,000
    5,330 SF
    Remodeled Storefront Property
    C-1-zoned commercial space features an open layout, private offices, an overhead door, and a separate storage building.
    102 Ausable State Rd, Bay City, MI 48706
    View Details
  • New
    Contact for pricing
    10,000 SF
    Bay City Mixed-Use Property
    Mixed-use property available for sale in Bay City, Michigan.
    808 N Euclid Ave, Bay City, MI 48706
    View Details
  • $199,900
    Two-Unit Mixed-Use Building
    Gutted commercial building offers two configurable spaces under C-2 Regional Commercial zoning.
    804 N Euclid Avenue, Bay City, MI 48706
    View Details

Similar Nearby for Lease

  • $13 SF/Yr
    2,500 sqft
    Retail Storefront Near Major Intersection
    Retail storefront for rent at a busy Bay City intersection with strong visibility and neighboring national tenants across the street.
    3557 Wilder Rd, Bay City, MI 48706
    View Details
  • New
    $2,500/Mo
    3,618 sqft
    Retail Space with Kitchen Infrastructure
    The former liquor store retains makeup air equipment and ductwork that can support a future kitchen setup.
    A-3389 S Huron Rd, Bay City, MI 48706
    View Details
  • $2,500/Mo
    Retail Space with Kitchen Infrastructure
    Existing ventilation components offer a starting point for a future kitchen setup.
    Bay City, MI 48706
    View Details
  • $12 SF/Yr
    Retail Space Near Town Center
    Flexible commercial space suited to retail, office, fitness, medical, or service-oriented uses.
    4140 Wilder Rd, Bay City, MI 48706
    View Details
  • $10 SF/Yr
    129,373 sqft
    Retail Storefront Suites for Lease
    Two retail suites are available in a busy shopping center at the Wilder and Euclid Avenue intersection in Bay City.
    4011-4097 N Euclid Ave, Bay City, MI 48706
    View Details
  • New
    Contact for pricing
    Retail Space at Wilder Road
    Retail space available at a high-traffic intersection.
    3880 E. Wilder Road |, Bay City, MI 48706
    View Details
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