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Property profile & analytics

3392 Huron Rd Bay City, MI 48706-1554

  • Auto shops
  • 2,080 SF
  • 0.66 lot acres
OFF-MARKET
Last Sale
Jun 21, 2022
$100,000
Value Estimations
$95,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1299404
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

  • Bud Brothers Cannabis Co. / Cannabis Store
  • Bud Brothers Provisioning / Store

Property Details for 3392 Huron Rd

Year built
1976
Lot size
0.66 lot acres
Property size
2,080 SF
Zone code
C-2
Property type
Auto shops
APN
010-006-300-445-00
APU
1000630044500

Description

This turnkey recreational dispensary in Bay City, Michigan, presents a unique investment opportunity. Located on a high-traffic corner lot (0.5 acres) with multiple curb cuts and over 25 parking spaces, this 2,000 square foot building boasts a prime location seeing over 6,500 cars daily. Completely renovated in 2020, the property includes the real estate, license, business, and goodwill. The business generated approximately $2 million in sales and $800,000 in gross profit in 2023. Inventory valued between $200,000 and $300,000 is available for purchase at cost. Seller financing is available for qualified buyers at market rates and terms. The asking price is $795,000, representing a price per square foot of $449.50. This fee-simple ownership opportunity is zoned for commercial use and offers significant potential for continued growth and profitability. The single-story building is situated on a highly visible corner, ensuring maximum exposure and accessibility for customers. This is a rare chance to acquire a successful, established business with significant assets and strong financial performance.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $95,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $93,000
    Market price range: $78.1k - $157k
    AI Estimate
    $93,000
    Market price range: $78.1k - $157k
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $125,000
    Current use
    OFFICE BUILDING
    $145,000
    Change: +14% Conversion: Difficult
    RETAIL STORES
    $115,000
    Change: -8% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Bay City
County
Bay
State
Michigan
Longitude
-83.9306
Latitude
43.6408
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
$1,844
$0.00
$0.00
$33,950
-
$0.00
$0.00
$67,900
More about this property
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