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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1489 Amelith Rd, Bay City, MI 48706-9382
Individually Owned
3-yr Hold
Free & Clear
Property ID
US43-0451529
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1900
Total area
3,072 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C-1
APN
030-009-400-045-01
UPID
US43-0451529
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
Timothy Slachta · 3 yrs held
Timothy Slachta
since 2022
Last sale
$55,000
7 recorded transactions
Zoning & alternative use
C-1 · Bay City, MI
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 Bay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay City 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
$2,293
Tax year 2023
Assessed value
$40,450
Assessed 2024
Previous assessed
$40,000
+1.1% YoY
Effective rate
5.67%
On assessed value
Total market value
$80,900
Applied tax rate
30.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Stories
1
Total area
3,072 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C-1
APN
030-009-400-045-01
UPID
US43-0451529
Jurisdiction
BAY
Zoning & alternative use
C-1 · Bay City, MI
Zoning C-1 · permitted uses
C-1 · Bay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bay City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Timothy Slachta
Individual
Free & Clear · 3 yrs held
Mailing address
2215 E SALZBURG RD, BAY CITY, MI 48706-9737
Ownership since
2022
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
Nov 22, 2022
$55,000
Timothy Slachta
Gerald J Sylvester
Warranty Deed
—
May 19, 2021
$55,000
Timothy Slachta
Gerald J Sylvester
Land Contract
—
Sep 13, 2016
—
Scott Roth
Sylvester,gerald J
Quit Claim Deed
—
May 29, 2015
$62,000
Gerald J Sylvester JR
Fonzi Glenn & Bobbi
Warranty Deed
—
Mar 24, 2011
$62,000
Gerald J Sylvester JR.
Fonzi,glenn & Bobbi
Grant Deed
—
Oct 23, 2009
—
Glenn Fonzi
Cary O LLC
Deed In Lieu Of Foreclosure
related
—
May 19, 2008
—
Cary O LLC
Fonzi,glenn & Bobbi
Grant Deed
related
—
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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