Property profile

3665 S Huron Rd Bay City, MI 48706

FOR SALE
Warehouses
Property ID
US43-4998803
374 SF 1.63 ac lot
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.63-acre industrial property in Bay City, Michigan, presents a unique investment opportunity. The site features a four-building tank farm complex, totaling 400 square feet of office space, built in 1950 and renovated in 1980. The property includes two 200,000-gallon storage tanks; one is insulated with 4 inches of foam and heated, suitable for asphalt or heavy bunker oil. The site boasts 650 feet of road frontage, gravel-improved driveways, and a tanker truck loading rack with two loading docks. The property is conveniently located adjacent to rail lines, facilitating efficient delivery. A 400 square foot office building includes a boiler for product heating. Significant potential exists for expansion due to the presence of adjacent vacant land. The property is zoned for industrial and commercial use and has a parcel number of 010 007 200 170 00. Parking is available at a rate of 40 spaces per 1,000 square feet. This turnkey operation is offered at $149,000.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Total area 374 SF
Lot 1.63 ac (71,003 SF)
Zoning code C-2
APN 010-007-200-170-00
UPID US43-4998803

Cap rate & NOI

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

Location

3665 S Huron Rd Bay City, MI 48706
Bay City metro Census 285800 BAY CITY, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2008
1 recorded transaction
2008
$10,000

Zoning & alternative use

C-2 · 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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More about this property
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