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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    905 Euclid Ave Bay City, MI 48706-2400

    • Drive through restaurants
    • 3,130 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1679263
    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

    • Arby's / Restaurant / Take-out & Catering

    Property Details for 905 Euclid Ave

    Year built
    1968
    Lot size
    0.78 lot acres
    Property size
    3,130 SF
    Zone code
    C-2
    Property type
    Drive through restaurants
    APN
    010-018-400-095-00
    APU
    1001840009500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.9154
    Latitude
    43.6121
    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
    $9,372
    $0.00
    $0.00
    $289,150
    -
    $0.00
    $0.00
    $578,300

    Comparable in this City

    • Value Estimation by Request
      2,699 SF

      821 Euclid Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,699 SF
      821 Euclid Ave, Bay City, MI 48706-2402
      View Details
    • Value Estimation by Request
      2,138 SF

      1004 Euclid Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,138 SF
      1004 Euclid Ave, Bay City, MI 48706-2405
      View Details
    • Value Estimation by Request
      2,055 SF

      4107 Wilder Rd, Unit 2

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,055 SF
      4107 Wilder Rd, Bay City, MI 48706-2240
      View Details
    • Value Estimation by Request
      3,434 SF

      811 Euclid Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,434 SF
      811 Euclid Ave, Bay City, MI 48706-2402
      View Details
    • Value Estimation by Request
      3,990 SF

      6362 3rd Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,990 SF
      6362 3rd Mile Rd, Bay City, MI 48706-9020
      View Details
    • Value Estimation
      $575,000
      4,410 SF

      6325 Westside Saginaw Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,410 SF
      6325 Westside Saginaw Rd, Bay City, MI 48706-9391
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,163 SF

      Bay City Restaurant - 5,163 SF

      Freestanding Restaurant, High Traffic Area
      500 Euclid Ave, Bay City, MI 48706
      View Details
    • $175,000
      18,500 SF

      Prime Bay City Mixed-Use

      18,500 SF, High-Traffic Location
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    • $70,000

      Liquor License Available in County

      Class C liquor license available for bars and restaurants.
      000 Main St, Clawson, MI 48706
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    • $70,000
      100 SF

      Bay City Liquor License Available

      Class C liquor license available for use in Bay County.
      000 Main St, Bay City, MI 48706
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    • $750,000
      4,080 SF

      Bay City Retail Opportunity

      Freestanding retail property on Wilder Rd, renovated in 2018.
      3772 Wilder Rd, Bay City, MI 48706
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    • $1,250,000
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      State Street Restaurant - Bay City

      Prime Bay City Restaurant, Redevelopment Opportunity
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    Similar Nearby for Lease

    • Contact for pricing
      11,442 SF

      Retail Space in Bay City

      Retail space available in high-traffic Bay City location.
      4140-4142 Wilder Rd, Bay City, MI 48706
      View Details
    • $12,480 /Mo
      900 SF

      Bay City Office Space - 900 SF

      Versatile Bay City office space available for lease.
      6004 Westside Saginaw Rd, Bay City, MI 48706
      View Details
    • $259 SF/Yr
      4,000 SF

      Prime Bay City CBD Site

      1.2 Acres, 4,000 SF Office/Retail
      3480 North Union Rd, Bay City, MI 48706
      View Details
    • $14 SF/Yr
      2,200 SF

      Wilder Road Plaza Retail Space

      Prime Bay County retail space, multiple suites available.
      4100 Wilder Rd, Bay City, MI 48706
      View Details
    • $1,600 /Mo

      Retail/Office Space with Parking

      2372 sq ft commercial space with basement and parking.
      513 Garfield Ave, Bay City, MI 48706
      View Details
    • Contact for pricing
      4,061 SF

      Bay City Retail Space For Lease

      High-visibility storefront, ample parking.
      1201 Salzburg Ave, Bay City, MI 48706
      View Details

    Property Visit Statistics

    • Visits by month
      10.3k
    • Visitors by month
      8.1k
    • Avg Time on site
      7 min
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    905 Euclid Ave
    Bay City, MI 48706-2400
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    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
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