Financial
Distress signals
Property profile

6362 3 Mile Rd Bay City, MI 48706

FOR LEASE
Drive through restaurants
Property ID
US43-1672451
3,990 SF 1.43 ac lot Built 2001
Last sale Oct 2023 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A retail strip mall space is located at 6362 3 Mile Road in Bay City, Michigan. The listing indicates the space is intended for leasing, with lease terms described as negotiable, while the specific interior configuration and any detailed lease provisions are not provided in the description.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$312k
Effective rate5.31%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$87/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$31 – $131
Qualifying comparables3

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-3
ARK DISTRICT Expand ARTICLE VII. - O-1, OFFICE DISTRICT ARTICLE VII. - O-1, OFFICE DISTRICT Expand ARTICLE VIII. - C-1, NEIGHBORHOOD BUSI...
General categoryCOMMERCIAL
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop10.8
Wholesale Shop10.2
Storage Facility9.3

Location

6362 3 Mile Rd Bay City, MI 48706
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
915 Euclid, Bay City, MI 48706-3306 $2,480,000 Dec 2024 3,806 SF
2832 Midland, Bay City, MI 48706-9264 $100,000 Oct 2024 4,800 SF
4137 Wilder, Bay City, MI 48706-2240 $2,120,000 May 2024 4,749 SF
2981 Midland, Bay City, MI 48706-9267 $275,000 Sep 2023 5,000 SF
1211 Wenona, Bay City, MI 48706-5175 $120,000 Jan 2023 3,100 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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