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Property profile

1295 S 11Th St Niles, MI 49120

FOR SALE
Drive through restaurants
Property ID
US43-2815560
3,140 SF 0.56 ac lot Built 2001
Last sale Aug 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail property located at 1295 S 11th Street in Niles, built in 2001. The building is zoned RC-Regional Com and is situated within the South 11th Street retail corridor, with M-51 running through the surrounding commercial area. The area is described as having estimated corridor traffic of approximately 17,000 to 26,000 vehicles per day and provides access via US-12. Nearby commercial activity includes major national retail anchors such as Walmart, Lowe's, ALDI, and Tractor Supply Company.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$280k
Effective rate4.33%

Value estimate

· Oct 2026
$510k
$459k – $561k
Submarket $/SF estimate$722k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 2.51% cap applied$33k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$147/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$83 – $230
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.51%
$33k 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?
RC
RC Regional Commercial OC Office/Commercial IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF...
General categoryCOMMERCIAL
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 agency23.1
Law Firm17.9
Dental Office17.8

Location

1295 S 11Th St Niles, MI 49120
County assessor Recorded deeds · 4 transfers 3 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
402 Wayne, Niles, MI 49120-2363 $71,000 Jun 2025 3,613 SF
2701 11th, Niles, MI 49120-4419 $800,000 Apr 2025 3,735 SF
734 11th, Niles, MI 49120-3313 $500,000 Mar 2025 2,984 SF
2433 5th, Niles, MI 49120-1108 $210,000 Sep 2024 3,228 SF
3025 11th, Niles, MI 49120-4707 $217,303 Aug 2023 2,984 SF
219 Frnt, Niles, MI 49120-2222 $170,000 Apr 2023 3,267 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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