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Financial
Distress signals
Property profile

12519 M 140 South Haven, MI 49090

OFF-MARKET
Other automotive properties
Property ID
US43-2270196
14,256 SF 5.3 ac lot Built 1968
Last sale Jan 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 12519 M 140 in South Haven, Michigan is a commercial cannabis facility being developed for adult-use provisioning (retail cannabis provisioning) as an adult-use provisioning center. It is positioned directly off I-196 and is located within a dense residential surrounding area. Municipal approval for the project is in place, and the real estate and provisioning licenses are included with the development. The project was planned for completion in 2025, and the facility is intended…

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 · 2020

What does the county charge?
$2
Tax billed · 2020
Assessed value · 2023$159k
Effective rate0.00%

Value estimate

· Oct 2026
$640k
$576k – $704k
Submarket $/SF estimate$640k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$45/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$27 – $55

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?
HVY COMMERCIAL
JurisdictionVAN BUREN

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 agency9.6
HVAC Service9.3
Electrical Service9.1

Location

12519 M 140 South Haven, MI 49090-8423
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2857 62nd, South Haven, MI 49090-8344 $275,000 Dec 2024 5,000 SF
19623 M 140, South Haven, MI 49090-9427 $75,000 Jun 2022 2,400 SF
9279 M 140, South Haven, MI 49090-1971 $250,000 Dec 2021 14,816 SF
9145 M 140, South Haven, MI 49090-2908 $250,000 Dec 2021 8,316 SF
Blue Star, South Haven, MI 49090 $250,000 Dec 2021 6,960 SF
6800 109th, South Haven, MI 49090-9544 $25,000 Dec 2019 2,988 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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