Property profile

3031 Patterson Rd Bay City, MI 48706

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1394279
2,726 SF 0.25 ac lot Built 1940
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1940
Total area 2,726 SF
Lot 0.25 ac (10,890 SF)
Zoning code R-2
APN 010-A16-000-142-00
UPID US43-1394279

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
  • Party Supply Store (Bike/Boat/Book/etc) Store

Location

3031 Patterson Rd Bay City, MI 48706-1808
Bay City metro Census 285900 BAY CITY, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$90k

Owner & transaction history

since 2013
1 recorded transaction
2013
$102,500

Zoning & alternative use

R-2 · Bay City, MI
Zoning description

rpretation 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,…

General category RESIDENTIAL

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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