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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1135 Frnt St Monroe, MI 48161-1658
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-4426178
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1949
Construction
WOOD FRAME
Total area
4,958 SF
Lot
0.12 ac (5,140 SF)
Zoning code
R-1A
APN
55-19-00754-000
UPID
US43-4426178
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
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
Cooler Holdings LLC · 1 yrs held
Cooler Holdings LLC
since 2024
3 recorded transactions
Zoning & alternative use
R-1A · Monroe, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
MO1856 720a Zoning 2020 City of Monroe Michigan
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$5,628
Tax year 2023
Assessed value
$111,070
Assessed 2024
Previous assessed
$111,070
+0.0% YoY
Effective rate
5.07%
On assessed value
Total market value
$222,140
Applied tax rate
55.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1949
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
4,958 SF
Lot
0.12 ac (5,140 SF)
Zoning code
R-1A
APN
55-19-00754-000
UPID
US43-4426178
Jurisdiction
MONROE
Zoning & alternative use
R-1A · Monroe, MIZoning R-1A · permitted uses
R-1A · Monroe, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MO1856 720a Zoning 2020 City of Monroe Michigan
Building & site characteristics
From public records
Year built
1949
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Cooler Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3207 S CUSTER RD, MONROE, MI 48161-9798
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
—
Cooler Holdings LLC
Kran LLC
Land Contract
—
Jun 21, 2019
—
Kran LLC
Emran INC
Quit Claim Deed
related
—
Apr 2, 2009
$175,000
Emran INC
Books,lenny R & Julie B
Warranty Deed
$50,000 · Monroe Bank & Trust
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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