New search
Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Motels
809 Euclid Ave, Bay City, MI 48706-2402
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0445821
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Total area
12,481 SF
Lot
1.9 ac (82,764 SF)
Zoning code
C-2
APN
010-018-400-120-00
UPID
US43-0445821
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
-
Euclid Motel Hotel & Motel
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Jfkm INC · 1 yrs held
Jfkm INC
since 2024
Last sale
$975,000
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
$975,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
RESTAURANT
$1,085,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$690,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Jun 28 2024)
Last sale anchor
$975k
Jun 28 2024
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
$78 / 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
$30,183
Tax year 2023
Assessed value
$541,600
Assessed 2024
Previous assessed
$541,600
+0.0% YoY
Effective rate
5.57%
On assessed value
Total market value
$1,083,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1959
Heating
FORCED AIR
Stories
1
Total area
12,481 SF
Lot
1.9 ac (82,764 SF)
Zoning code
C-2
APN
010-018-400-120-00
UPID
US43-0445821
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$690,000
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Heating
FORCED AIR
Stories
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
Jfkm INC
Entity
Mailing address
809 N EUCLID AVE, BAY CITY, MI 48706-2402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 28, 2024
$975,000
Jfkm INC
Rang Mahol INC
Warranty Deed
$771,000 · 1st State Bank
Nov 10, 2022
—
Jfkm INC
Rang Mahol INC
Land Contract
—
Mar 1, 2018
—
Rang Mahol INC
—
Deed
related
$142,400 · First St Bk/harvard
—
—
Rang Mahol INC
—
Deed Of Trust
related
$554,276 · First State Bank
—
—
Rang Mahol INC
—
Deed Of Trust
related
$721,292 · First State Bank
—
—
Rang Mahol INC
—
Deed Of Trust
related
$164,500 · Citizens Federal Bank Fsb
—
—
Rang Mahol INC
—
Deed Of Trust
related
$121,851 · First State Bank
—
—
Rang Mahol INC
—
Deed Of Trust
related
$142,400 · First St Bk/harvard
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 809 Euclid Ave?
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.
