Property profile

603 Columbus Ave Bay City, MI 48708

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-0049375
1,332 SF 0.42 ac Built 1960
Last sale Sep 2023·$118,250
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This convenience-store property includes a drive-through component and an adjacent house located to the north of the store. The adjacent house is used for office and storage, with an upper level accessed through a private entrance; the upper level previously functioned as an apartment and is identified for potential renovation. The combined property is situated at the signalized intersection of Columbus Avenue and Madison Avenue in Bay City, near Rally’s hamburger restaurant. The property is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$55k
Effective rate10.17%

Value estimate

· Nov 2026
$235k
$212k – $259k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2A GENL BUS
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.6
Garden Center10.9
Electrical Service10.5

Location

603 Columbus Ave Bay City, MI 48708-6414
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2656 Broadway, Bay City, MI 48708-8402 $25,000 Jun 2024 1,876 SF
1501 Park, Bay City, MI 48708-5532 $45,000 Aug 2023 1,820 SF
1001 Washington, Bay City, MI 48708-5705 $120,000 Apr 2023 1,592 SF
1612 Broadway, Bay City, MI 48708-8539 $22,500 Sep 2022 1,560 SF
1014 Johnson, Bay City, MI 48708-6252 $115,000 Mar 2022 1,823 SF
1339 Johnson, Bay City, MI 48708-6257 $49,000 Dec 2021 1,680 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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