2500 Midland RdBay City, MI 48706

Property Details for 2500 Midland Rd

Year built

1972

Lot size

1.27 AC

Property size (Sq ft)

2,740 SF

Zone code

PUD

Property type

Office buildings

APN

100-M15-000-001-00

APU

100M1500000100

Description

This single-tenant office space, located at 2500 Midland Road in Bay City, Michigan, offers 1,340 square feet of versatile space ideal for various business types. Built in 1972 and completely renovated in 2024, the property boasts fresh flooring throughout. The layout includes a reception area and five private offices, with a sixth office situated behind reception, potentially suitable for a break room or other uses. Ample parking is available, with six or more customer spots on Midland Road and ten or more staff spots in a rear lot accessible from 3 Mile Road. The property is conveniently located minutes from I-75, offering easy access to major transportation routes. Utilities are managed by the owner and include heat, air conditioning, and electricity for an additional monthly fee of $150. Spectrum internet Wi-Fi may be included, depending on tenant needs. The space shares a building but maintains its own address (2502 Midland Rd). Zoned as 201 Commercial Improved, this one-story building is situated in Monitor Township and is served by Consumers Energy. The monthly rent is $1,850 on a two-year lease.

• CAP approach

  CAP return

  Valuation

  6%

  $469,055

  6.5%

  $432,974

  7%

  $402,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,300

  Geo Method

  $256,300

• Alternative Use

  Use

  Valuation

  Residential

  $536,888

  Hospitality

  $491,786

  Educational

  $409,160

  Medical

  $423,232

  Retail

  $636,472

Location Insight

City

Bay City

County

Bay

State

Michigan

Latitude

43.602

Longitude

-83.952

CBSA code

13020

CBSA name

BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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