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    FOR LEASE
    Super regional malls

    4129 Wilder Rd, Bay City, MI 48706

    62,586 SF 5.69 ac lot Built 1992
    Entity Owned Free & Clear
    Property ID
    US43-1270016
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity presents a former JCPenney building situated on a prominent 5.69-acre lot at the northeast corner of Bay City Town Center, conveniently located at the intersection of Wilder Road and State Street Road in Bay County, Michigan, 48706. The expansive 62,585 square foot building boasts a desirable C-2 Regional Commercial zoning, allowing for diverse commercial uses. The property is in excellent condition and features two loading docks on the south side, a comprehensive sprinkler system, a convenient elevator servicing the mezzanine level, and robust 3-phase power. Climate control is ensured with six rooftop units supplemented by additional interior Reznor units. The anticipated occupancy date is January 12, 2024. This prime location and versatile space offer significant potential for a variety of commercial ventures. The asking price for this owner-user investment is $1,400,000. This is a truly remarkable opportunity for a discerning investor seeking a high-impact redevelopment project in a thriving Michigan community.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1992
    Total area 62,586 SF
    Lot 5.69 ac (247,856 SF)
    Zoning code C-2
    APN 010-B07-000-007-00
    UPID US43-1270016
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The SALON by InStyle Inside JCPenney Hair Salon Nail Salon
    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
    by Request
    Owner & transaction history
    Storage One Bay City LLC
    Storage One Bay City LLC
    since 2026
    5 recorded transactions
    2026
    $1.0M
    2021
    2019
    2016
    1969
    Zoning & alternative use
    C-2 · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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