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Property profile & analytics
FOR SALE
Bars & Pubs
19400 Northline Rd Southgate, MI 48195
Entity Owned
21-yr Hold
Free & Clear
Property ID
US43-0041878
$995,000
19400 Northline Rd, Southgate, MI 48195
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1970
Total area
6,917 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C-2 GEN BUS
APN
53 004 01 0101 001
UPID
US43-0041878
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
-
Mallie's Sports Grill & Bar Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$820k
Owner & transaction history
Sem Ents INC · 21 yrs held
Sem Ents INC
since 2005
3 recorded transactions
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$760,000
+34.2%
Restaurant
$715,000
+26.5%
Office building
$670,000
+18.6%
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 Southgate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southgate 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$565,000
Current use
COMMERCIAL (GENERAL)
$760,000
Change: +34% · Conversion: Difficult
RESTAURANT
$715,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$670,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$525,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
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
$29,183
Tax year 2023
Assessed value
$447,700
Assessed 2024
Previous assessed
$416,400
+7.5% YoY
Effective rate
6.52%
On assessed value
Total market value
$895,400
Applied tax rate
82,405.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
For Sale
Year built
1970
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
6,917 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C-2 GEN BUS
APN
53 004 01 0101 001
UPID
US43-0041878
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Zoning C-2 GEN BUS · permitted uses
C-2 GEN BUS · Southgate, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southgate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$760,000
RESTAURANT
Est. value
$715,000
OFFICE BUILDING
Est. value
$670,000
MEDICAL BUILDING
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
RETAIL STORES
Est. value
$525,000
NIGHTCLUB (COCKTAIL LOUNGE) Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Sem Ents INC
Entity
Free & Clear · 21 yrs held
Mailing address
19400 NORTHLINE RD, SOUTHGATE, MI 48195-2276
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2005
$275,000
Sem Ents INC
Bono,anthony
Warranty Deed
—
Sep 7, 2004
$400,000
Sem Ents INC
Bono,anthony
Grant Deed
—
—
—
Sem Ents INC
—
Deed Of Trust
related
$980,000 · Comerica Bank
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?”
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