Property profile

3020 Water St Bay City, MI 48708

OFF-MARKET
Industrial properties
Property ID
US43-5180579
36,882 SF 1.92 ac lot Built 1900
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Total area 36,882 SF
Lot 1.92 ac (83,635 SF)
Zoning code M-1 LT IND
APN 160-022-201-002-00
UPID US43-5180579

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Gym & Fitness Center

Location

3020 Water St Bay City, MI 48708-5454
Bay City metro Census 286500 BAY CITY, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
7 recorded transactions
2024
$700,000
2023
$640,000
2018
Price N/A
2016
Price N/A
2013
Price N/A
2012
Price N/A
2004
$225,000

Zoning & alternative use

M-1 LT 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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