Financial
Distress signals
Property profile

130 W Napier Ave Benton Harbor, MI 49022

FOR LEASE
Grocery and convenience stores
Property ID
US43-3495323
8,580 SF 0.34 ac lot Built 1954
Last sale Mar 2020 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Retail space located at 130 W Napier Avenue, on the south side of Napier Ave just west of Colfax. The premises total approximately 5,000 square feet and are configured for a grocery store use, with equipment and furnishings in place that support day-to-day operations. The space is positioned along Napier Avenue in a high-visibility corridor with nearby daily-use services and major national retailers and restaurants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$96k
Effective rate7.65%

Value estimate

· Sep 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$3k
Operating expenses−$22k
NOI · 741,485.71% cap applied$52k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$31 – $79

Cap rate analysis

How does the asset earn?
741,485.71%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2 - RET/SERV
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.1
Spa & Massage15.5
Restaurant14.7

Location

130 W Napier Ave Benton Harbor, MI 49022
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
510 Main, Benton Harbor, MI 49022-3616 $200,000 Mar 2025 8,125 SF
218 Water, Benton Harbor, MI 49022-3491 $519,000 Jul 2024 10,816 SF
916 Britain, Benton Harbor, MI 49022 $50,000 Jun 2024 9,810 SF
136 Fair, Benton Harbor, MI 49022-3002 $30,000 Dec 2021 3,120 SF
861 Buss, Benton Harbor, MI 49022-4305 $23,000 Nov 2021 4,320 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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