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Financial
Distress signals
Property profile

1126 E Napier Ave Benton Harbor, MI 49022

FOR SALE
Retail space
Property ID
US43-4038810
10,390 SF 1.6 ac lot Built 1974
Last sale Nov 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building configured with a combination of showroom, office, and storage areas totaling approximately 10,390 square feet. Access is provided through seven garage doors, supporting direct entry for receiving, storage, or service-related functions. On-site parking is provided for approximately 26 vehicles for customer and employee use. The building is located on East Napier Avenue, a corridor described as heavily trafficked, and is about a 5-minute drive from I-94. The…

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.

Debts

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?
$8k
Tax billed · 2023
Assessed value · 2024$142k
Effective rate5.44%

Value estimate

· Oct 2026
$500k
$450k – $550k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 12.38% cap applied$46k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$31 – $79
Qualifying comparables5

Cap rate analysis

How does the asset earn?
12.38%
$46k 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?
D1 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

1126 E Napier Ave Benton Harbor, MI 49022
County assessor Recorded deeds · 1 transfer 5 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
510 Main, Benton Harbor, MI 49022-3616 $200,000 Mar 2025 8,125 SF
218 Water, Benton Harbor, MI 49022-3491 $519,000 Jul 2024 10,816 SF
916 Britain, Benton Harbor, MI 49022 $50,000 Jun 2024 9,810 SF
861 Buss, Benton Harbor, MI 49022-4305 $23,000 Nov 2021 4,320 SF
130 Napier, Benton Harbor, MI 49022-6768 $225,000 May 2021 8,580 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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