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Property profile & analytics
OFF-MARKET
Commercial real estate

4285 2 Mile Rd Bay City, MI 48706

6.3 ac lot
Property ID
US43-1650127
Property summary
AI-generated overview

This exceptional 6.3-acre property located at 4285 2 Mile Rd, Bay City, MI 48706 (APN: 010-018-300-005-00) presents a unique investment opportunity. Currently zoned for residential use, the land boasts a charming 5-bedroom brick ranch home, complete with a swimming pool and a separate pool house. Further enhancing its versatility, the property includes a horse barn and a dog kennel. The existing structures make it ideally suited for use as a group home, while the expansive acreage offers significant development potential. The property is easily subdivided, with the possibility of creating 7 to 11 additional lots. Infrastructure is already in place to facilitate development, including county storm and sanitary sewer systems, with water readily available in the roadway. The location is highly convenient, with easy access to expressways, shopping centers, schools, churches, and a hospital. The property is also attractively landscaped with numerous trees. This property offers a rare blend of existing amenities and substantial future development possibilities, making it an attractive investment in a desirable Michigan location. The asking price for this remarkable property is $400,000.

Property profile
Verified
Property type Commercial real estate
Lot 6.3 ac (274,428 SF)
APN 010-018-300-005-00
UPID US43-1650127
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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