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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
305 Euclid Ave, Bay City, MI 48706-2943
Entity Owned
~
Est. High Equity
Property ID
US43-0459034
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Total area
3,048 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C-2
APN
010-L20-001-008-00
UPID
US43-0459034
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
-
Dispo Dispensary Bay City South (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Lift Lock Investments LLC
Lift Lock Investments LLC
since 2026
Last sale
$591,732
7 recorded transactions
Zoning & alternative use
C-2 · Bay City, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay City 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
$620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $592k (Jan 4 2022)
Last sale anchor
$592k
Jan 4 2022
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
$197 / 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
$7,082
Tax year 2023
Assessed value
$119,850
Assessed 2024
Previous assessed
$137,500
-12.8% YoY
Effective rate
5.91%
On assessed value
Total market value
$239,700
Applied tax rate
10.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Stories
1
Total area
3,048 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C-2
APN
010-L20-001-008-00
UPID
US43-0459034
Jurisdiction
BAY
Zoning & alternative use
C-2 · Bay City, MI
Zoning C-2 · permitted uses
C-2 · Bay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bay City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
FORCED AIR
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Lift Lock Investments LLC
Entity
Mailing address
805 OAKWOOD DR STE #101, ROCHESTER, MI 48307-6206
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
—
Lift Lock Investments LLC
—
Deed
related
$884,850 · Commercial Bank
Apr 15, 2026
$700,000
Lift Lock Investments LLC
305 N Euclid Property Holdings LLC
Warranty Deed
—
Oct 6, 2023
—
305 N Euclid Property Holdings LLC
—
Deed
related
$4,000,000 · Ubank
Jan 4, 2022
$591,732
305 N Euclid Property Prop Holdings
Amze Holdings LLC
Warranty Deed
$6,000,000 · Chicago Atlantic Admin LLC
May 13, 2019
$675,000
Amze Holdings LLC
Kue,zer & Bee
Warranty Deed
related
—
Sep 23, 2014
$135,000
Zer Kue
Firstmerit Bk
Grant Deed
—
Sep 24, 2012
—
Citizens Bk
Los Cuatro Amigos R/e Venture
Warranty Deed
—
Oct 7, 2004
—
Amigos R Loscuatro
Fields,mark W & Cheryl A
Quit Claim Deed
related
$288,000 · Citizens Federal Bank Fsb
—
—
Cuatro Amigos R Los
—
Deed Of Trust
related
$145,000 · Citizens Federal Bank Fsb
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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