401 5Th StPinconning, MI 48650

  • Manufacturing properties
  • 229,779 SF

Property Details for 401 5Th St

Lot size
13.40 AC
Property size (Sq ft)
229,779 SF
Property type
Manufacturing properties
APN
180-P10-003-001-00
APU
180P1000300100

Description

This exceptional industrial property, located at 401 E 5th St, Pinconning, MI 48650, offers 211,680 square feet of single-tenant warehouse space. Situated on a generous 14.15-acre lot in Bay County, this property boasts a 20-foot ceiling height, providing ample vertical storage capacity. The building features excellent loading capabilities with 4 loading docks and 5 dock-high doors, ensuring efficient and seamless operations. With 135 parking spaces available, ample parking is provided for employees and visitors. The entire space is currently vacant, presenting a unique opportunity for a business seeking a large, functional warehouse in a strategic location. The property's size and features make it suitable for a wide range of industrial uses. This is a rare opportunity to secure a substantial warehouse in a desirable location. The property's address is easily accessible, offering convenient transportation links. The expansive lot size also allows for potential future expansion or development. This turnkey warehouse is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $86,605,700
    6.5%
    $79,943,800
    7%
    $74,233,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $34,389,600
    Geo Method
    $34,389,600
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $41,204,800
    Mixed-Use / Specialty
    $41,223,400
    Hospitality / Lodging
    $30,459,800
    Office
    $41,150,900
    Institutional / Educational
    $42,914,900
    Residential Income
    $50,210,400
    Multifamily
    $59,302,100
    Automotive / Energy
    $36,784,200
    Parking / Income-Based Land
    $12,530,300
    Restaurant / Food Service
    $21,793,800
    Healthcare / Senior Housing
    $42,104,100

Location Insight

City
Pinconning
County
Bay
State
Michigan
Latitude
43.8543
Longitude
-83.9562
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
$117,145
-
-
$2,221,800
-
-
-
$4,443,600

FAQs

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