Financial
Distress signals
Property profile

204 Main St Niles, MI 49120

OFF-MARKET
Retail space
Property ID
US43-3792586
1,400 SF 0.04 ac lot Built 1972
Last sale Nov 2023 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$2k
Tax billed · 2023
Assessed value · 2024$44k
Effective rate4.24%

Value estimate

· Sep 2026
$225k
$203k – $248k

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

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables3

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

What can be built here?
CB
CB Central Business District NC Neighborhood Center RC Regional Commercial OC Office/Commercial IND Industrial OS Open Space MHP Mobile H...
General categoryCOMMERCIAL
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 agency15.8
Restaurant12.2
Hair Salon12.0

Location

204 Main St Niles, MI 49120-2304
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 2nd, Niles, MI 49120-2220 $200,000 Jul 2025 1,921 SF
113 2nd, Niles, MI 49120-2219 $6,050 Sep 2024 952 SF
1701 Broadway, Niles, MI 49120-2128 $128,000 Jul 2024 852 SF
922 11th, Niles, MI 49120-3403 $93,000 Dec 2023 1,152 SF
421 Grant, Niles, MI 49120-2205 $150,000 Jul 2023 2,400 SF
3215 Us Hwy 12, Niles, MI 49120-8761 $28,500 Dec 2021 1,236 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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