Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    904 Water St, Unit 5 Bay City, MI 48708-5622

    • Investment properties
    • 5,763 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Mar 10, 2021
    $210,000
    Location Intelligence
    Property ID
    US43-1319543
    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

    • Water Street Nutrition / Health Food Restaurant
    • Carved Coins / Coin Dealer
    • Jeff Tanner Artistic Concepts, Inc. / Website Designer / Graphic Designer

    Property Details for 904 Water St

    Year built
    1900
    Lot size
    0.13 lot acres
    Property size
    5,763 SF
    Zone code
    C-3 CTRL BUS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    160-021-335-003-00
    APU
    16002133500300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $220,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $205,000
      Mixed-Use
      $190,000
      Hospitality
      $230,000
      Educational
      $210,000
      Residential Income
      $230,000
      Energy
      $230,000
      Income-Based Land
      $220,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.8895
    Latitude
    43.5995
    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
    $10,073
    $0.00
    $0.00
    $121,750
    -
    $0.00
    $0.00
    $243,500

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      813 Saginaw St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,880 SF
      813 Saginaw St, Bay City, MI 48708-5612
      View Details
    • Value Estimation
      $100,000
      3,500 SF

      201 Ctr Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,500 SF
      201 Ctr Ave, Bay City, MI 48708-5635
      View Details
    • Value Estimation by Request
      9,000 SF

      1707 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,000 SF
      1707 3rd St, Bay City, MI 48708-6211
      View Details
    • Value Estimation by Request
      7,500 SF

      917 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,500 SF
      917 Washington Ave, Bay City, MI 48708-5703
      View Details
    • Value Estimation
      $155,000
      3,069 SF

      1003 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,069 SF
      1003 Washington Ave, Bay City, MI 48708-5705
      View Details
    • Value Estimation
      $210,000
      1,500 SF

      806 Saginaw St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      806 Saginaw St, Bay City, MI 48708-5613
      View Details

    Similar Nearby for Sale

    • $299,900
      7,802 SF

      Historic Mixed-Use Investment Opportunity

      Mixed-use property in the Midland Street Historic District.
      703 E Midland St, Bay City, MI 48708
      View Details
    • $299,900
      7,802 SF

      Historic Mixed-Use Investment Opportunity

      Mixed-use property in the Midland Street Historic District.
      703 E Midland St, Bay City, MI 48708
      View Details
    • $89,000
      4,113 SF

      Mixed-Use Property with Rental Units

      Mixed-use property featuring storefronts and rental units in Bay City.
      1122 N Johnson St, Bay City, MI 48708
      View Details
    • $499,900
      10,094 SF

      Versatile Commercial Building in Bay City

      Commercial building in redevelopment zone with multi-story development possibilities.
      200 13Th St, Bay City, MI 48708
      View Details
    • $115,000
      19,500 SF

      Prime Bay City Mixed-Use Property

      19,500 SF, Redevelopment Opportunity
      1123 Sherman St, Bay City, MI 48708
      View Details
    • $39,900
      2,054 SF

      Bay City Office/Retail Space

      Over 2,000 sq ft of move-in ready office/retail space.
      1614 Broadway St, Bay City, MI 48708
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      19,500 SF

      Bay City Mixed-Use Redevelopment Opportunity

      19,500 SF Former School Building - Available Now
      1123 Sherman St, Bay City, MI 48708
      View Details
    • $12 SF/Yr
      11,988 SF

      Downtown Bay City Retail Space

      Prime location, two suites available
      206 5Th St, Bay City, MI 48708
      View Details
    • $249,000
      3,000 SF

      Bay City Medical Office Opportunity

      Medical office building for lease or sale near McLaren Bay.
      1001 Mulholland St, Bay City, MI 48708
      View Details
    • $18 SF/Yr
      7,000 SF

      Uptown Bay City Office Space

      Entire Floor, Riverfront Views, Flexible Layout
      21 Main St, Bay City, MI 48708
      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.
    904 Water St, Unit 5
    Bay City, MI 48708-5622
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.