Individually Owned Property summary
AI-generated overview
This 1936-built, single-story retail property in River Rouge, Michigan (10315 W Jefferson Ave, 48218) is priced to sell at $130,000. Located minutes from the new International Bridge, this vacant building previously operated as a bar and restaurant and is ready for a new owner. The sale includes existing equipment and fixtures, such as a deep fryer, grill, coolers, refrigerator, and cash register. The building features a kitchen, VIP area, office, and a fenced-in patio. The property boasts a new furnace and central air conditioning, and a 200-amp electrical service. The ownership structure is an LLC. The seller will consider a land contract with a minimum down payment of $40,000. This presents a unique opportunity for a savvy investor to acquire a turn-key business location or develop a new concept in a high-traffic area. The property is a single building on one story.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1936
Total area
1,715 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B2 GEN
APN
50 007 13 0001 001
UPID
US43-4407081
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Food Market Specialty Food Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$200k
Owner & transaction history
since 2012
3 recorded transactions
Zoning & alternative use
B2 GEN · River Rouge, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$200k
Value range
$180k – $220k
±10% around blend
Estimated value / SF
$117 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$180k
blend $200k
$220k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,715 SF
Lot area
0.04 ac
Year built
1936
Stories
1
APN
50 007 13 0001 001
Zoning
B2 GEN
Assessed value
$16,900
Annual tax
$1,789
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$110k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.5 mi away · 1,690 SF
12.1 mi away · 2,072 SF
12.1 mi away · 2,072 SF
12.7 mi away · 1,400 SF
20.4 mi away · 2,100 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$200k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 147 sales
$91
+28%
County 300 sales
$104
+13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $117/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$17k
Move the market yield to see immediate price impact.
Value / SF
$10
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1k
$21k
$15k
$12k
$1k
$24k
$17k
$13k
$1k
$26k
$19k
$14k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$120k
3.8 mi · Sep 2025 · $89/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,789
Tax year 2023
Assessed value
$16,900
Assessed 2024
Previous assessed
$17,600
-4.0% YoY
Effective rate
10.59%
On assessed value
Total market value
$33,800
Applied tax rate
82,120.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1936
Heating
FORCED AIR
Stories
1
Total area
1,715 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B2 GEN
APN
50 007 13 0001 001
UPID
US43-4407081
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 GEN · River Rouge, MIZoning B2 GEN · permitted uses
B2 GEN · River Rouge, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1936
Heating
FORCED AIR
Stories
1
Lot
0.04 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2 GEN
Jurisdiction
River Rouge, MI
Recorded code
B2 GEN
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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