Tank Farm

Special Purpose for Sale
Catylist Listing ID: 30578805
Property Subtypes: Tank Farm/Petroleum Storage
Building Size (RSF): 400 SF
Gross Building Area: See Agent
Gross Land Area: 1.63 Acres
Sale Price: $149,000
Property Use Type: Investment, Vacant/Owner-User, Business
Core Factor: 100%
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/16/2023

Overview / Comments

650' Road frontage, 1.63 Acres land. 2 - 200,000 Gallon Storage tanks, one Tank Insulated with 4" foam, Heated, for asphalt or heavy Bunker oil could be stored. Gravel improved Driveways.
400 sf Office including Boiler used for Product Heating.
Rail adjacent for delivery. Tanker Truck Loading Rack.
Vacant land adjacent for expansion.

Attachments & Media

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Bangor Township
Tax ID/APN: 010 007 200 170 00
Property Located Between: Wilder Rd and Euclid Ave
Property Visibility: Excellent
Largest Nearby Street: On M-13, S.Huron rd.
Feet of Frontage: 650
Traffic/Vehicle Count: 18,000
Highway Access: On M-13, I-75, 2 Miles easy access. All Class "A" roads.
Airports: MBS. Flint, Bay City
Site Description: Gravel improved Driveways, Level.
Area Description: Totally Commercial, Industrial all around, Rail adjacent.
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 500 SF
Property Condition: Fair
Year Built: 1950
Year Renovated: 1980
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: One Tank Insulated with 4" foam completely, the other could be insulated. Tanker truck Loading Rack.
Parking Ratio: 40 (per 1000 SF)
Parking Type: Surface
Parking Description: Gravel improved.
Sprinklers: None
Heat Type: Natural Gas, Hot Water
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Fiber Optic, Other
Interior Description: Bland
Zoning Description: Industrial, Commercial, Rail adjacent.
Lot Frontage: 650'
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: COM AT N 1/4 COR. SECT 7, TH S ALONG N-S 1/4 LINE 552.14 FT, TH S 50*5'30" E 994.10 FT, TH N 39*54'30" E 60 TO P.O.B., TH N 39*54'30" E 157 FT, TH S 39*59'56" E 657.23 FT, TH S 0*2' W 54.5 FT. TH N 50*5'30" W 682 FT ALG HWY TO P.O.B.. SECT 7 T14N R5E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,384 35,474 71,667
Median Age: 42.85 40.19 41.28
Households: 2,717 15,036 30,208


Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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