Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
150 Grand Riv Ave Williamston, MI 48895-1450
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US43-1580917
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1916
Total area
5,208 SF
Lot
0.33 ac (14,505 SF)
Zoning code
C-1
APN
33-18-03-36-353-012
UPID
US43-1580917
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
-
Sun Theatre Cinema Theater & Performing Art Venue
-
Zyndas Restaurant
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
150 E Grand River LLC · 6 yrs held
150 E Grand River LLC
since 2020
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
C-1 · Williamston, 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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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 2019Property tax & assessments
Tax year 2019
Tax billed
$10,704
Tax year 2019
Assessed value
$257,700
Assessed 2023
Previous assessed
$190,500
+35.3% YoY
Effective rate
4.15%
On assessed value
Assessed land
$53,900
Assessed improvement
$203,800
Land market value
$107,800
Improvement market value
$407,600
Total market value
$515,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1916
Heating
ZONE
Stories
1
Total area
5,208 SF
Lot
0.33 ac (14,505 SF)
Zoning code
C-1
APN
33-18-03-36-353-012
UPID
US43-1580917
Jurisdiction
INGHAM
Zoning & alternative use
C-1 · Williamston, MI
Zoning C-1 · permitted uses
C-1 · Williamston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Heating
ZONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
150 E Grand River LLC
Entity
Mailing address
PO BOX 69, WILLIAMSTON, MI 48895-0069
Ownership since
2020
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
Jan 16, 2020
$300,000
150 E Grand River LLC
Mianda Real Est Investments
Warranty Deed
—
Jan 4, 2013
$300,000
Mianda Real Estate Investments
Pinewood Ventures LLC
Warranty Deed
$381,000 · Huntington National Bank
Jun 29, 2006
—
Pinewood Ventures LLC
—
Trustees Deed
related
$579,000 · Oakland Commerce Bank
—
—
Pinewood Ventures LLC
—
Loan Modification
related
$75,000 · Oakland Commerce Bank
—
—
Pinewood Ventures LLC
—
Deed Of Trust
related
$43,000 · Heath Living Trust
—
—
Pinewood Ventures LLC
—
Deed Of Trust
related
$1,346,000 · Oakland Commerce Bank
—
—
Pinewood Ventures LLC
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 150 Grand Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
