Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4140 Wilder Rd Bay City, MI 48706-2239

    • Outlet malls
    • 23,500 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimations
    $1,145,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1726705
    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

    • Outlet malls

    Property Details for 4140 Wilder Rd

    Year built
    1999
    Lot size
    1.11 lot acres
    Property size
    23,500 SF
    Zone code
    C-2B HWY BUS
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    160-016-103-010-00
    APU
    16001610301000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,144,000
      Market price range: $782k - $1.90M
      AI Estimate
      $1,144,000
      Market price range: $782k - $1.90M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,305,000
      Current use
      OFFICE BUILDING
      $1,610,000
      Change: +24% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,415,000
      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
    -83.8896
    Latitude
    43.6231
    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
    $70,304
    $0.00
    $0.00
    $650,050
    -
    $0.00
    $0.00
    $1,300,100

    Comparable in this City

    • Value Estimation
      $3,255,000
      97,880 SF

      4001 Euclid Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 97,880 SF
      4001 Euclid Ave, Bay City, MI 48706-2406
      View Details
    • Value Estimation
      $4,410,000
      109,649 SF

      3860 State St Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 109,649 SF
      3860 State St Rd, Bay City, MI 48706-2111
      View Details
    • Value Estimation
      $785,000
      10,880 SF

      304 Euclid Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 10,880 SF
      304 Euclid Ave, Bay City, MI 48706-2912
      View Details
    • Value Estimation by Request
      3,390 SF

      78 State Park Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 3,390 SF
      78 State Park Dr, Bay City, MI 48706-2142
      View Details
    • Value Estimation by Request
      3,496 SF

      710 Salzburg Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 3,496 SF
      710 Salzburg Ave, Bay City, MI 48706-5327
      View Details
    • Value Estimation
      $590,000
      7,333 SF

      3820 Wilder Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,333 SF
      3820 Wilder Rd, Bay City, MI 48706-2146
      View Details

    Similar Nearby for Sale

    • $364,000
      15,000 SF

      Mixed-Use Investment in Bay City

      Historic 15,000 SF mixed-use building with redevelopment potential.
      301 E Midland St, Bay City, MI 48706
      View Details
    • Contact for pricing
      3,500 SF

      Retail/Office Space on State Park

      Renovated retail/office space in great location, built in 2023.
      3 State Park Dr, Bay City, MI 48706
      View Details
    • Contact for pricing
      18,500 SF

      Prime Commercial Land Available

      Vacant land parcel near major Bay City retail area.
      508 S Euclid Ave, Bay City, MI 48706
      View Details
    • $49,900
      1,342 SF

      Bay City Mixed-Use Opportunity

      Fixer-upper with business potential on a busy Bay City corridor.
      704 Salzburg Ave, Bay City, MI 48706
      View Details
    • $230,000
      2,700 SF

      Bay City Live-Work Opportunity

      RM-1 zoned property with home occupation use and business potential.
      512 Germania Ave, Bay City, MI 48706
      View Details
    • $100,000
      1,055 SF

      Commercial Building on High-Traffic Road

      Commercial building with private parking on a high-traffic corner.
      1200 N Henry St, Bay City, MI 48706
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former JC Penney Available

      62,585 SF building on 5.69 acres in Bay City.
      4129 Wilder Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Office or Retail Space Available

      Reduced price! Office or retail space with shared amenities.
      6004 Westside Saginaw Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for lease, high-traffic corner location.
      3480 North Union Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Retail Spaces Near Bay City

      Retail suites available in high-traffic commercial area near mall.
      4100 Wilder Rd, Bay City, MI 48706
      View Details
    • Contact for pricing

      Retail Opportunity Inside Meijer Store

      Prime retail spaces available within high-traffic Meijer stores.
      2980 Wilder Rd, Bay City, MI 48706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4140 Wilder Rd
    Bay City, MI 48706-2239
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!