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Property profile & analytics
OFF-MARKET
Bars & Pubs
23 Washington St Oxford, MI 48371-4673
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0178929
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1900
Total area
2,656 SF
Lot
0.04 ac (1,742 SF)
Zoning code
BI
APN
PO-04-22-453-042
UPID
US43-0178929
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
-
Sullivan's Public House Bar & Pub Nightclub
-
The OX Bar & Grill 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
Kingdom Property LLC · 12 yrs held
Kingdom Property LLC
since 2013
4 recorded transactions
Zoning & alternative use
BI · Oxford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Ordinance 2021.2
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 Oxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxford 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,542
Tax year 2023
Assessed value
$196,910
Assessed 2024
Previous assessed
$192,240
+2.4% YoY
Effective rate
3.32%
On assessed value
Total market value
$393,820
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
1900
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
2,656 SF
Lot
0.04 ac (1,742 SF)
Zoning code
BI
APN
PO-04-22-453-042
UPID
US43-0178929
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Oxford, MIZoning BI · permitted uses
BI · Oxford, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance 2021.2
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Kingdom Property LLC
Entity
Mailing address
495 KNOLLWOOD DR, LAKE ORION, MI 48362-1432
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2013
$310,000
Kingdom Property LLC
Wilson,r James
Warranty Deed
$676,000 · Huntington National Bank
May 14, 2004
$185,000
Ardelan & Co LLC
Turner,robert R & Mary L
Grant Deed
$145,000 · Standard Federal Bank
Feb 20, 2004
$28,000
Robert R Turner
Lakeside Clincic PC Emp Pensio
Grant Deed
—
Feb 20, 2004
$60,000
Robert R Turner
Royster,larry W & Shirley
Grant Deed
—
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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