Financial
Distress signals
Property profile

2612 5th St Niles, MI 49120

OFF-MARKET
Manufacturing properties
Property ID
US43-2766060
11,165 SF 0.84 ac lot Built 1956
Last sale Dec 2020 · $150,000
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

The property is a manufacturing facility in Niles, Michigan at 2612 N 5th Street, fronting North 5th Street (M51). It includes a primary block building of approximately 9,600 square feet arranged across three sections, with a front portion containing reception, offices, retail space, and three restrooms, and additional areas supporting work and packaging alongside manufacturing areas. Interior divisions are configured to support separate energy use across the building. A second block building

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$89k
Effective rate3.42%

Value estimate

· Sep 2026
$150k
$135k – $165k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$25/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$13 – $42

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.4
HVAC Service9.4
Electrical Service9.2

Location

2612 5th St Niles, MI 49120-1174
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1312 Lk, Niles, MI 49120-1226 $2,200,000 Nov 2024 15,860 SF
2700 5th, Niles, MI 49120-1170 $236,000 Mar 2024 20,440 SF
410 Frances, Niles, MI 49120-1123 $148,250 Dec 2021 12,800 SF
1923 Industrial, Niles, MI 49120-1228 $250,000 Sep 2021 20,000 SF
255 Bell, Niles, MI 49120-4016 $300,500 Jul 2020 7,500 SF
Foundation, Niles, MI 49120 $147,875 May 2019 6,000 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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