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Property profile & analytics
OFF-MARKET
Bars & Pubs
19080 10th Mile Rd Eastpointe, MI 48021-1449
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-1431948
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1963
Construction
CONCRETE BLOCKS
Total area
3,094 SF
Lot
0.64 ac (27,966 SF)
Zoning code
B-1
APN
02-14-28-126-059
UPID
US43-1431948
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
-
ATM Atm
-
Jillian's Tavern 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
Eastpointe 10 Property LLC · 4 yrs held
Eastpointe 10 Property LLC
since 2022
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
B-1 · Eastpointe, MI
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 Eastpointe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastpointe 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
$13,260
Tax year 2022
Assessed value
$179,800
Assessed 2023
Previous assessed
$162,800
+10.4% YoY
Effective rate
7.37%
On assessed value
Total market value
$359,600
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1963
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,094 SF
Lot
0.64 ac (27,966 SF)
Zoning code
B-1
APN
02-14-28-126-059
UPID
US43-1431948
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Eastpointe, MIZoning B-1 · permitted uses
B-1 · Eastpointe, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Eastpointe 10 Property LLC
Entity
Mailing address
22423 MADISON ST, SAINT CLAIR SHORES, MI 48081-2318
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$400,000
Eastpointe 10 Property LLC
Pm Detroit LLC
Warranty Deed
$500,000 · The Huntington National Bank
Oct 16, 2017
—
Pm Detroit LLC
—
Deed
related
$184,080 · First St Bk
Jul 26, 2017
—
Pm Detroit LLC
—
Deed
related
$135,000 · Community Dev Commission
Mar 9, 2017
$345,000
Pm Detroit LLC
Brenco LLC
Warranty Deed
$184,080 · First State Bank
Mar 9, 2017
—
Brenco LLC
Money Exchange LLC
Warranty Deed
—
Jul 16, 2012
—
Brenco LLC
Money Exchange LLC
Grant Deed
—
—
—
Pm Detroit LLC
—
Deed Of Trust
related
$135,000 · Community Dev Commission
—
—
Pm Detroit LLC
—
Deed Of Trust
related
$184,080 · First St 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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