4129 Wilder Rd, Bay City, MI 48706
For Lease
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Bay City, MIBay City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.