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Property profile & analytics
FOR SALE
Retail space
1000 Riverview Dr, Benton Harbor, MI 49022
Individually Owned
Free & Clear
Property ID
US43-2984970
For Sale
1 / 9
$38,500
1000 Riverview Dr, Benton Harbor, MI 49022
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
65,328 SF
Lot
8.26 ac (359,806 SF)
Zoning code
B4
APN
18-1250-0001-19-8
UPID
US43-2984970
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
-
Smokeshow Sportfishing, LLC Tour Operator Travel Agency
-
Pier 1000 Marina Marina
-
Line Dancer Sportfishing Tour Operator Travel Agency
-
Sea Hawk Fishing Charters St. Joseph Tour Operator Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$2.02M
Owner & transaction history
Michael A Becker Revocable Living T
Michael A Becker Revocable Living T
since 2026
7 recorded transactions
Zoning & alternative use
B4 · Benton Harbor, 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 Benton Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benton Harbor 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.02M
Range $1.81M – $2.22M · ±10%
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
$31 / 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
$32,745
Tax year 2023
Assessed value
$588,300
Assessed 2024
Previous assessed
$693,900
-15.2% YoY
Effective rate
5.57%
On assessed value
Total market value
$1,176,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1978
Stories
1
Total area
65,328 SF
Lot
8.26 ac (359,806 SF)
Zoning code
B4
APN
18-1250-0001-19-8
UPID
US43-2984970
Jurisdiction
BERRIEN
Zoning & alternative use
B4 · Benton Harbor, MI
Zoning B4 · permitted uses
B4 · Benton Harbor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benton Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Stories
1
Lot
8.26 ac
Current owner
From public records · entity-resolved
Michael A Becker Revocable Living T
Individual
Free & Clear · 0 yrs held
Mailing address
1000 RIVERVIEW DR, BENTON HARBOR, MI 49022-5028
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
Michael A Becker Revocable Living T
Michael Beckert
Warranty Deed
—
Aug 4, 2025
$30,000
Maureen Tallant
Justin M Kochs
Warranty Deed
—
May 20, 2025
—
Steven D Wandel
Steven D Wandel
Deed
related
—
Nov 4, 2024
—
Robert Marcus
Troy Wright
Quitclaim Deed
related
—
Jul 29, 2024
—
Anthony R Svatos
Anthony R Svatos
Warranty Deed
related
—
May 18, 2016
—
Rkm Holdings LLC
—
Deed
related
$400,000 · Chemical Bank
Jan 6, 2006
—
R K M Holdings LLC
Michele Foxworthy
Warranty Deed
$127,000 · Horizon Bank NA
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?”
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