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Property profile & analytics
OFF-MARKET
Bars & Pubs
12 Munger Rd Munger, MI 48747-5102
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-1069431
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Total area
2,144 SF
Lot
0.95 ac (41,382 SF)
APN
090-M20-000-022-00
UPID
US43-1069431
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
-
The Tool Shed Pub & Grub Bar & Pub Restaurant
-
LibertyX Bitcoin ATM Atm
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 Tool Shed Pub & Grub LLC · 3 yrs held
The Tool Shed Pub & Grub LLC
since 2023
Last sale
$95,000
7 recorded transactions
Zoning & alternative use
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 Munger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Munger 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
$2,726
Tax year 2023
Assessed value
$57,900
Assessed 2024
Previous assessed
$54,850
+5.6% YoY
Effective rate
4.71%
On assessed value
Total market value
$115,800
Applied tax rate
90.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Heating
FORCED AIR
Stories
1
Total area
2,144 SF
Lot
0.95 ac (41,382 SF)
APN
090-M20-000-022-00
UPID
US43-1069431
Jurisdiction
BAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
The Tool Shed Pub & Grub LLC
Entity
Free & Clear · 3 yrs held
Mailing address
670 E KINNEY RD, MUNGER, MI 48747-9790
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
The Tool Shed Pub & Grub LLC
Mkr Properties Of Munger LLC
Lease
—
Jun 8, 2023
$95,000
Tinich Real Estate LLC
Rodney S Chevalier
Warranty Deed
—
Sep 27, 2019
$95,000
Tinich Real Estate LLC
Rodney S Chevalier
Grant Deed
related
—
Feb 27, 2017
—
Rodney S Chevalier
—
Deed
related
$81,000 · Chemical Bk
Feb 10, 2010
$100,000
Rodney S Chevalier
Wagner,carl F
Warranty Deed
$54,000 · Chemical Bank
—
—
Chevalier,rodney S & Kristin H
—
Loan Modification
related
$61,000 · Chemical Bk
—
—
Rodney S Chevalier
—
Loan Modification
related
$81,000 · Chemical Bk
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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