New search
Property profile & analytics
OFF-MARKET
Retail space
104 Fry St, Berrien Springs, MI 49103-1153
Entity Owned
5-yr Hold
Free & Clear
Property ID
US43-4130369
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Total area
888 SF
Lot
0.03 ac (1,220 SF)
Zoning code
C-2
APN
32-0340-0144-08-1
UPID
US43-4130369
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
-
Melissa's Hair Studios Hair Salon Nail Salon
-
Michigan Education Association Advocacy Group
-
Southwest Michigan Painting Painting Service General Contractor
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Orphans' International Helpline Social Service Agency Charitable Organization
-
Lindt Agency Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Swmp LLC · 5 yrs held
Swmp LLC
since 2021
5 recorded transactions
Zoning & alternative use
C-2 · Berrien Springs, 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 Berrien Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berrien Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,117
Tax year 2023
Assessed value
$38,600
Assessed 2024
Previous assessed
$35,600
+8.4% YoY
Effective rate
2.89%
On assessed value
Total market value
$77,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1901
Stories
1
Total area
888 SF
Lot
0.03 ac (1,220 SF)
Zoning code
C-2
APN
32-0340-0144-08-1
UPID
US43-4130369
Jurisdiction
BERRIEN
Zoning & alternative use
C-2 · Berrien Springs, MI
Zoning C-2 · permitted uses
C-2 · Berrien Springs, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berrien Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1901
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Swmp LLC
Entity
Free & Clear · 5 yrs held
Mailing address
104 E FRY ST, BERRIEN SPRINGS, MI 49103-1153
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
—
Swmp LLC
Charles Melv
Quit Claim Deed
related
—
Jul 3, 2019
—
Charles Alexander Mehl
Gordon Godway
Quit Claim Deed
related
—
Mar 2, 2010
—
Gordon Gadway
Bonii Dyjasek
Quit Claim Deed
related
—
Feb 18, 2010
—
Gordon Gadway
Bonii Dyjasek
Intrafamily Transfer
related
—
Dec 9, 2008
—
Bonii Dyjasek
Arthur Dyjasek
Quit Claim Deed
related
—
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
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