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Property profile & analytics
OFF-MARKET
Commercial real estate
12434 State St, Atlanta, MI 49709-9635
Individually Owned
Free & Clear
Property ID
US43-2817496
Property summary
AI-generated overview
This thriving, turnkey bar and restaurant in Atlanta, Michigan, is offered at $350,000. Boasting 5,300 square feet on a 0.12-acre lot (APN 003-410-000-005-00), this single-story building features a resort liquor license and a loyal customer base. The menu includes pizzas, sandwiches, Broaster Chicken, and burgers, prepared with equipment including a Lincoln Pizza Conveyor Oven, grill, fryer, and Broaster Chicken machine. Ample storage is provided by a large walk-through cooler and chest freezer. The establishment includes seating for up to 85 patrons, enhanced by three large TVs, a sound system, DJ booth, jukebox, dart board, pull-tab machine, and Keno. Outdoor enjoyment is offered via a sand-filled backyard with three picnic tables. The building's exterior is Permalog maintenance-free. This commercial property, located in an Opportunity Zone, presents a unique investment opportunity for an owner/user. The permitted zoning is commercial.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1933
Lot
0.12 ac (5,227 SF)
APN
003-410-000-005-00
UPID
US43-2817496
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
-
Huntington Bank Loan Service
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
DIANE L SUITER
DIANE L SUITER
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,733
Tax year 2022
Assessed value
$85,900
Assessed 2023
Previous assessed
$86,500
-0.7% YoY
Effective rate
3.18%
On assessed value
Assessed land
$8,300
Assessed improvement
$77,600
Land market value
$16,600
Improvement market value
$155,200
Total market value
$171,800
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1933
Heating
YES
Cooling
YES
Stories
1
Lot
0.12 ac (5,227 SF)
APN
003-410-000-005-00
UPID
US43-2817496
Jurisdiction
MONTMORENCY
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
Year built
1933
Heating
YES
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
DIANE L SUITER
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 15, ATLANTA, MI 49709-0015
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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