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Property profile & analytics
OFF-MARKET
Investment properties
1003 Washington Ave Bay City, MI 48708-5705
Trust Owned
~
Est. High Equity
Property ID
US43-1569887
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
3,069 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C-3 CTRL BUS
APN
160-021-332-010-00
UPID
US43-1569887
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Harless + Hugh Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Lyndsay B Edmonds Trust
The Lyndsay B Edmonds Trust
since 2025
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
C-3 CTRL BUS · Bay City, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,170
Tax year 2023
Assessed value
$95,550
Assessed 2024
Previous assessed
$91,900
+4.0% YoY
Effective rate
8.55%
On assessed value
Total market value
$191,100
Applied tax rate
160.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
FORCED AIR
Stories
2
Total area
3,069 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C-3 CTRL BUS
APN
160-021-332-010-00
UPID
US43-1569887
Jurisdiction
BAY
Zoning & alternative use
C-3 CTRL BUS · Bay City, MI
Zoning C-3 CTRL BUS · permitted uses
C-3 CTRL BUS · Bay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bay City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
The Lyndsay B Edmonds Trust
Trust
Mailing address
1003 WASHINGTON AVE, BAY CITY, MI 48708-5705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
The Lyndsay B Edmonds Trust
Lyndsay B Edmonds
Deed
related
—
Oct 21, 2024
—
Lyndsay B Edmonds
—
Deed
related
$101,400 · United States Small Business Admin
Jun 14, 2024
—
Lyndsay Edmonds
—
Deed
related
$50,000 · Bay County Growth Alliance INC
Jul 10, 2020
$145,000
Lyndsay B Edmonds
Groff Properties LLC
Warranty Deed
$107,000 · Chemical Bank
Dec 8, 2014
—
Independent Bk
Groff Properties LLC
Grant Deed
related
—
Nov 25, 2014
—
Edmonds,lyndsay B|groff Properties LLC
Groff Properties LLC
Quit Claim Deed
—
Dec 22, 2011
$115,000
Groff Properties LLC
Hill,mary J
Warranty Deed
$86,250 · Independent Bank
—
—
Mary J Wolcott-dixon
—
Deed Of Trust
related
$93,200 · Farmers State Bank
—
—
Mary J Wolcott
—
Deed Of Trust
related
$110,000 · Wildfire Cu
—
—
Mary J Wolcott-dixon
—
Deed Of Trust
related
$80,000 · Independent Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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