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Property profile & analytics
OFF-MARKET
Estimated value
$65,000
Bars & Pubs
400 Washington Ave Bay City, MI 48708-5713
Individually Owned
Free & Clear
Property ID
US43-1628229
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1967
Total area
2,400 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C-3 CTRL BUS
APN
160-028-128-003-00
UPID
US43-1628229
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
-
Bar-Fly Pub & Grub 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
$65k
Owner & transaction history
Kevin David Moore
Kevin David Moore
since 2026
Last sale
$140,000
7 recorded transactions
Zoning & alternative use
C-3 CTRL BUS · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$65k
Range $59k – $72k · ±10% · vs last sale $140k (Feb 2 2026)
Last sale anchor
$140k
Feb 2 2026
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
$27 / 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
$7,504
Tax year 2023
Assessed value
$61,700
Assessed 2024
Previous assessed
$66,700
-7.5% YoY
Effective rate
12.16%
On assessed value
Total market value
$123,400
Applied tax rate
160.0000
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
BAR, TAVERN
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Stories
1
Total area
2,400 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C-3 CTRL BUS
APN
160-028-128-003-00
UPID
US43-1628229
Jurisdiction
BAY
Zoning & alternative use
C-3 CTRL BUS · Bay City, MIZoning C-3 CTRL BUS · permitted uses
C-3 CTRL BUS · Bay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Kevin David Moore
Individual
Free & Clear · 0 yrs held
Mailing address
1504 4TH ST, BAY CITY, MI 48708-6136
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$140,000
Kevin David Moore
J&s 400 Washington Ave LLC
Deed
—
Feb 27, 2020
$60,000
Triple J & S 400 Washington Av
Andrew C Phelps
Warranty Deed
—
Nov 4, 2019
—
Gregory M Hayward
Hayward G M & S M Trust
Quit Claim Deed
related
—
Nov 4, 2019
$100,000
Andrew C Phelps
Gregory M Hayward
Warranty Deed
—
May 30, 2014
—
Hayward,gregory M & S M Trust
Hayward,gregory M & Shelley M
Quit Claim Deed
related
—
Sep 20, 2013
—
Gregory M Hayward
Kukla Properties LLC
Quit Claim Deed
related
—
Jul 22, 2010
$125,000
Kukla Properties LLC
Hayward,gregory M & Shelley M
Warranty Deed
$107,142 · Gregory M & Shelley M Hayward
Jan 23, 2006
—
Gregory Hayward
Madame Shelleys Ltd
Quit Claim Deed
related
—
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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