Financial
Distress signals
Property profile

1175 E Napier Ave Benton Harbor, MI 49022

FOR SALE
Office buildings
Property ID
US43-2974930
1,536 SF 0.29 ac lot
Last sale Dec 2021 · $56,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercially zoned land located in Benton Township, suitable for business use and potential redevelopment. The property contains an existing billboard, which has historically provided supplemental income. Pedestrian and bicycle access is limited, with a bike score of 27 and a walk score of 9, indicating reliance on vehicle transportation.

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?
$3k
Tax billed · 2023
Assessed value · 2024$42k
Effective rate6.06%

Value estimate

· Sep 2026
$50k
$45k – $55k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$4k
Operating expenses−$7k
NOI · 39.48% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$35 – $169
Qualifying comparables3

Cap rate analysis

How does the asset earn?
39.48%
$20k 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?
D2 COMM
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 agency19.8
Law Firm17.4
Dental Office12.9

Location

1175 E Napier Ave Benton Harbor, MI 49022
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1682 Berrien, Benton Harbor, MI 49022-3917 $75,000 May 2025 1,523 SF
301 Pipestone, Benton Harbor, MI 49022 $3,000 Oct 2023 2,304 SF
2056 Plz, Benton Harbor, MI 49022-2212 $275,000 Nov 2022 2,812 SF
873 Empire, Benton Harbor, MI 49022-3815 $20,000 Nov 2022 2,296 SF
2332 Plz, Benton Harbor, MI 49022-2218 $2,132,467 Dec 2021 825 SF
2088 Empire, Benton Harbor, MI 49022-1700 $7,465,909 May 2019 1,590 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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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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