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Property profile & analytics
FOR SALE
Drive through restaurants
808 W Monroe St, Jackson, MI 49202
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1521362
$395,000
808 W Monroe St, Jackson, MI 49202
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1991
Total area
1,306 SF
Lot
0.14 ac (6,186 SF)
Zoning code
C-4
APN
2-2437.2000
UPID
US43-1521362
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
-
Miller's Bar Burgers Restaurant Take-out & Catering
-
Lefty's Cheesesteaks Restaurant Take-out & Catering
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
Zyng LLC · 10 yrs held
Zyng LLC
since 2016
4 recorded transactions
Zoning & alternative use
C-4 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$6,005
Tax year 2022
Assessed value
$76,600
Assessed 2023
Previous assessed
$97,400
-21.4% YoY
Effective rate
7.84%
On assessed value
Total market value
$153,200
Applied tax rate
50.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
1991
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,306 SF
Lot
0.14 ac (6,186 SF)
Zoning code
C-4
APN
2-2437.2000
UPID
US43-1521362
Jurisdiction
JACKSON
Zoning & alternative use
C-4 · Jackson, MI
Zoning C-4 · permitted uses
C-4 · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Zyng LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4877 ML RUN, JACKSON, MI 49201-7701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jul 25, 2016
—
Zyng LLC
—
Deed
related
$150,000 · Comerica Bank
Mar 8, 2016
$100,000
Zyng LLC
Nguyn,joseph
Warranty Deed
—
Jan 8, 2016
—
Joseph Nguyn
Vu,tammy
Quit Claim Deed
related
—
Aug 28, 2013
$99,900
Tammy Wu
Plassman Properties Family LP
Warranty 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.
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?”
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