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    Property profile & analytics

    21901 Kelly Rd Eastpointe, MI 48021-2706

    • Bars
    • 8,064 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Aug 02, 2023
    $447,500
    Location Intelligence
    Property ID
    US43-5244481
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cardtronics / Atm
    • Amir J's Bar and Grill / Bar
    • Big Daddy Games / Bar & Grill / Video Arcade

    Property Details for 21901 Kelly Rd

    Year built
    1962
    Construction
    CONCRETE BLOCKS
    Lot size
    0.41 lot acres
    Property size
    8,064 SF
    Zone code
    B-1
    Property type
    Bars
    Property subtype
    Pubs
    APN
    02-14-32-255-021
    APU
    21432255021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $520,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $480,000
      Mixed-Use
      $515,000
      Hospitality
      $465,000
      Educational
      $395,000
      Residential Income
      $390,000
      Energy
      $485,000
      Income-Based Land
      $475,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9329
    Latitude
    42.4596
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,836
    $0.00
    $0.00
    $272,300
    -
    $0.00
    $0.00
    $544,600

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      19400 10th Mile Rd

      BAR, TAVERN • 2,400 SF
      19400 10th Mile Rd, Eastpointe, MI 48021-3456
      View Details
    • Value Estimation by Request
      2,100 SF

      22012 Gratiot Ave

      BAR, TAVERN • 2,100 SF
      22012 Gratiot Ave, Eastpointe, MI 48021-2226
      View Details
    • Value Estimation by Request
      2,292 SF

      18842 9th Mile Rd

      BAR, TAVERN • 2,292 SF
      18842 9th Mile Rd, Eastpointe, MI 48021-2030
      View Details
    • Value Estimation by Request
      3,160 SF

      15163 10th Mile Rd

      BAR, TAVERN • 3,160 SF
      15163 10th Mile Rd, Eastpointe, MI 48021-1068
      View Details
    • Value Estimation by Request
      3,552 SF

      20958 Gratiot Ave

      BAR, TAVERN • 3,552 SF
      20958 Gratiot Ave, Eastpointe, MI 48021-2857
      View Details
    • Value Estimation
      $395,000
      3,094 SF

      19080 10th Mile Rd

      BAR, TAVERN • 3,094 SF
      19080 10th Mile Rd, Eastpointe, MI 48021-1449
      View Details

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    Similar Nearby for Lease

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      1,904 SF

      Eastpointe Retail Space For Rent

      Retail space available for lease in Eastpointe, Michigan.
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      Eastpointe Retail Space For Rent

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    • $1,500 /Mo

      Retail Space with Open Layout

      892 sq ft retail space with parking available for lease.
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    • $13 SF/Yr
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      Eastpointe Retail Space For Rent

      31,290 SF retail space available for lease.
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    • $16 SF/Yr
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      Eastpointe Retail Space For Lease

      11,172 SF Retail Building, High Visibility
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    • $25 SF/Yr
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      Prime Retail Freestanding Building

      Former bank, high visibility, drive-thru.
      19000 9 Mile Rd, Eastpointe, MI 48021
      View Details
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    21901 Kelly Rd
    Eastpointe, MI 48021-2706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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