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    Property profile & analytics

    111 Monroe St Bangor, MI 49013-1473

    • Turn key restaurants
    • 4,800 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2386935
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Roma Pizza / Pizza Restaurant / Italian Restaurant

    Property Details for 111 Monroe St

    Year built
    1950
    Lot size
    0.48 lot acres
    Property size
    4,800 SF
    Zone code
    B1
    Property type
    Turn key restaurants
    APN
    80-54-407-076-00
    APU
    805440707600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Van Buren
    State
    Michigan
    Longitude
    -86.1033
    Latitude
    42.31
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, 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
    2020
    $5,263
    $0.00
    $0.00
    $76,800
    -
    $0.00
    $0.00
    $153,600

    Comparable in this City

    • Value Estimation
      $90,000
      1,680 SF

      105 Monroe St

      RESTAURANT • 1,680 SF
      105 Monroe St, Bangor, MI 49013-1473
      View Details
    • Value Estimation by Request
      1,820 SF

      1 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,820 SF
      1 Monroe St, Bangor, MI 49013-1479
      View Details
    • Value Estimation by Request
      1,406 SF

      237 Monroe St

      BAR, TAVERN • 1,406 SF
      237 Monroe St, Bangor, MI 49013-1330
      View Details
    • Value Estimation by Request
      2,716 SF

      21 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,716 SF
      21 Monroe St, Bangor, MI 49013-1351
      View Details
    • Value Estimation by Request
      2,814 SF

      53838 M 43

      BAR, TAVERN • 2,814 SF
      53838 M 43, Bangor, MI 49013-9543
      View Details
    • Value Estimation by Request
      1,844 SF

      233 Monroe St

      BAR, TAVERN • 1,844 SF
      233 Monroe St, Bangor, MI 49013-1330
      View Details

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    111 Monroe St
    Bangor, MI 49013-1473
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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