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Property profile & analytics

3210 Bay Rd Saginaw, MI 48603-2406

  • Commercial real estate
  • 10,272 SF
  • 2.79 lot acres
OFF-MARKET
Last Sale
Mar 27, 2024
$695,000
Value Estimations
$1,010,000
Show details
Cap Rate Potential
9.9%
Commercial real estate
Location Intelligence
Property ID
US43-1113150
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

  • Commercial real estate

Property Details for 3210 Bay Rd

Year built
1992
Lot size
2.79 lot acres
Property size
10,272 SF
Zone code
B-4
Property type
Commercial real estate
APN
23-12-4-11-3102-000
APU
23124113102000

Description

This exceptional commercial property, located at 3210 Bay Road in Saginaw, Michigan, presents a significant opportunity for a discerning tenant. The single-tenant building boasts a generous 10,278 square feet of space, ideal for a variety of retail or restaurant concepts. Situated on a substantial 2.69-acre lot, the property offers ample parking with 180 spaces, ensuring convenient access for customers and employees. The B-4 zoning allows for a wide range of permitted uses, providing flexibility for potential tenants. The entire building is currently vacant, presenting a blank canvas for a new business to establish its presence in a prime Saginaw location. The property's address is 3210 Bay Road, Saginaw, MI 48603, within Saginaw County. Its convenient location and substantial size make it an attractive proposition for businesses seeking high visibility and ample space. The property is available for lease and offers a unique chance to establish a thriving enterprise in a bustling area. The building's size and parking capacity are key features that will appeal to businesses requiring significant space and convenient customer access. This is a rare opportunity to secure a prominent retail or restaurant location in a desirable area of Saginaw.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $835,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,385,000
    6.5%
    $1,280,000
    7%
    $1,190,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,275,000
    Market price range: $478k - $1.28M
    AI Estimate
    $1,275,000
    Market price range: $478k - $1.28M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Saginaw
County
Saginaw
State
Michigan
Longitude
-83.9743
Latitude
43.4535
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, 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
2022
$27,373
$0.00
$0.00
$661,300
-
$0.00
$0.00
$1,322,600
More about this property
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