Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs
21901 Kelly Rd Eastpointe, MI 48021-2706
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-5244481
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1962
Construction
CONCRETE BLOCKS
Total area
8,064 SF
Lot
0.41 ac (17,903 SF)
Zoning code
B-1
APN
02-14-32-255-021
UPID
US43-5244481
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
-
Cardtronics Atm
-
Amir J's Bar and Grill Bar & Pub
-
Big Daddy Games Bar & Pub 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
Arnir Js Estates LLC · 3 yrs held
Arnir Js Estates LLC
since 2023
Last sale
$447,500
6 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
$14,836
Tax year 2022
Assessed value
$272,300
Assessed 2023
Previous assessed
$272,300
+0.0% YoY
Effective rate
5.45%
On assessed value
Total market value
$544,600
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
1962
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
8,064 SF
Lot
0.41 ac (17,903 SF)
Zoning code
B-1
APN
02-14-32-255-021
UPID
US43-5244481
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
1962
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Arnir Js Estates LLC
Entity
Mailing address
39878 VLG WOOD CIR, NOVI, MI 48375-4555
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$447,500
Arnir Js Estates LLC
Sole Member Of 21901 Kelly LLC
Warranty Deed
—
Aug 2, 2023
—
21901 Kelly LLC
Cue Room Properties LLC
Deed
—
Oct 1, 2019
—
Cue Room Properties LLC
Abrams Real Estate Co LLC
Warranty Deed
—
Jun 20, 2016
—
Cue Room Properties LLC
Abrams Real Estate Co LLC
Quit Claim Deed
—
Nov 10, 2008
—
Abrams Real Estate Co LLC
—
Trustees Deed
related
$200,000 · Paramount Bank
—
—
Abrams Real Estate Co LLC
—
Deed Of Trust
related
$425,000 · Paramount 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?”
You own 21901 Kelly Rd?
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.
