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    Property profile & analytics

    113 2nd St Niles, MI 49120-2219

    • Retail space
    • 952 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 19, 2024
    $6,050
    Location Intelligence
    Property ID
    US43-3976044
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 113 2nd St

    Year built
    1880
    Lot size
    0.03 lot acres
    Property size
    952 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    72-8550-0005-03-9
    APU
    7285500005039

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Berrien
    State
    Michigan
    Longitude
    -86.2571
    Latitude
    41.8295
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $332
    $0.00
    $0.00
    $26,400
    -
    $0.00
    $0.00
    $52,800

    Comparable in this City

    • Value Estimation by Request
      1,328 SF

      113 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,328 SF
      113 3rd St, Niles, MI 49120-2655
      View Details
    • Value Estimation by Request
      2,830 SF

      214 4th St

      RETAIL STORES (PERSONAL SERVICES) • 2,830 SF
      214 4th St, Niles, MI 49120-2302
      View Details
    • Value Estimation by Request
      135,152 SF

      2055 11th St

      STORE, RETAIL OUTLET • 135,152 SF
      2055 11th St, Niles, MI 49120-4073
      View Details
    • Value Estimation by Request
      9,504 SF

      111 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,504 SF
      111 Main St, Niles, MI 49120-2224
      View Details
    • Value Estimation by Request
      31,656 SF

      2112 Industrial Dr

      RETAIL STORES (PERSONAL SERVICES) • 31,656 SF
      2112 Industrial Dr, Niles, MI 49120-1233
      View Details
    • Value Estimation by Request
      28,270 SF

      60 Main St

      RETAIL STORES (PERSONAL SERVICES) • 28,270 SF
      60 Main St, Niles, MI 49120-2284
      View Details

    Similar Nearby for Sale

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      Niles Storefront: Prime Retail Opportunity

      Historic Niles retail space, 8,500 sq ft, high traffic.
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      Niles Storefront: Prime Redevelopment

      High-potential retail space in Niles, MI.
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      High-Traffic Retail Opportunity For Sale

      Prime retail location with high visibility and accessibility.
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      2,430 SF

      Commercially Zoned Building in Niles

      Office, retail, distribution, storage, or professional service use.
      224 N 4Th St, Niles, MI 49120
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    • $399,000
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      Versatile Commercial Building in Niles

      3,600+ sq. ft. commercial building in downtown Niles, MI
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      Historic Niles Building with Gym

      Fully occupied historic building in downtown Niles with steady income.
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    Similar Nearby for Lease

    • $19 SF/Yr
      3,000 SF

      Retail Space with Drive-Thru Potential

      Retail space with high traffic and national co-tenants.
      2714 S 11Th St, Niles, MI 49120
      View Details
    • $19 SF/Yr
      3,000 SF

      Retail Space with Drive-Thru Potential

      Retail space with high traffic and drive-thru potential.
      2726 S 11Th St, Niles, MI 49120
      View Details
    • $25 SF/Yr
      3,140 SF

      Former Restaurant with Extra Parking

      Restaurant space with additional lot available for sublease.
      1295 S 11Th St, Niles, MI 49120
      View Details
    • $35 SF/Yr
      200 SF

      Downtown Niles Private Office Suite

      Private office suite available in downtown Niles, all utilities included.
      306 E Main St, Niles, MI 49120
      View Details
    • $4 SF/Yr
      497,091 SF

      Simplicity Building: Niles, MI Industrial Space

      497,091 SF Warehouse/Manufacturing Space Available
      901 Wayne St, Niles, MI 49120
      View Details
    • $15 SF/Yr
      15,800 SF

      Niles, MI Office Suites Available

      Downtown Niles office space, flexible sizes.
      306 Main St, Niles, MI 49120
      View Details
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    113 2nd St
    Niles, MI 49120-2219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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