Property profile

3880 E Wilder Rd Bay City, MI 48706

FOR LEASE
Retail space
Property ID
US43-0048677
11,180 SF 1.65 ac lot Built 1997
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11,180-square-foot retail property, formerly a freestanding drugstore, presents a unique investment opportunity in Bay City, Michigan. Situated on a 1.65-acre lot at the southwest corner of Wilder Road and State Park Drive/N. Henry Street, this single-tenant building benefits from a highly visible, traffic-controlled intersection with convenient access to both major roadways. The property's strategic location offers unparalleled exposure to a substantial consumer base. Over 40,000 people reside within a three-mile radius, boasting an average household income of $72,434, indicating strong purchasing power. The property is ideally positioned near numerous national retailers, ensuring high foot traffic and brand recognition. Bay City, part of the Greater Tri-Cities region (including Midland and Saginaw), enjoys convenient access to I-75 and the scenic Saginaw Bay on Lake Huron. The city's central location and strong demographics make this a compelling investment. The C2B zoning allows for a variety of commercial uses. Two large pylon signs are available, providing excellent advertising potential. The entire 11,180 square feet is currently vacant, offering immediate occupancy for a new tenant or the opportunity for redevelopment. This property is ready for its next chapter.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 11,180 SF
Lot 1.65 ac (71,874 SF)
Zoning code C-2B HWY BUS
APN 160-017-201-036-00
UPID US43-0048677

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
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Atm
  • Pharmacy
  • Physician

Location

3880 E Wilder Rd Bay City, MI 48706
Bay City metro Census 281300 BAY CITY, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$903k
Blend (final) Blend
$905k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2014
Price N/A
2007
$2.2M

Zoning & alternative use

C-2B HWY BUS · Bay City, MI
Top alternative use upside
Restaurant $970,000 +56.8%
Office building $765,000 +23.6%
Auto repair, garage $670,000 +8.5%

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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