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Financial
Distress signals
Property profile

1467 Main St St Joseph, MI 49085

FOR SALE
Auto shops
Property ID
US43-3369657
1,313 SF 0.18 ac lot Built 1947
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive-oriented commercial site in St. Joseph, Michigan, located on Main Street at a high-traffic intersection, approximately a couple of blocks from downtown and near the area’s beaches. It is configured to support auto repair use, and it has been operated as an auto repair and car rental location, with facilities suited to vehicle-related services. The site is adaptable for other commercial uses, subject to applicable approvals and the buyer’s intended use.

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?
$2k
Tax billed · 2023
Assessed value · 2024$47k
Effective rate5.16%

Value estimate

· Oct 2026
$135k
$122k – $149k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$763
Operating expenses−$5k
NOI · 3.70% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$33 – $104

Cap rate analysis

How does the asset earn?
3.70%
$12k 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?
C
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.5
Bakery9.4
Plumbing Service9.2

Location

1467 Main St St Joseph, MI 49085
County assessor Recorded deeds · not on file 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

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4751 Us 31, Saint Joseph, MI 49085 $190,000 May 2024 6,080 SF
820 Highland, Saint Joseph, MI 49085-2512 $325,000 Feb 2024 7,120 SF
Us 31, Saint Joseph, MI 49085 $300,000 Aug 2019 7,200 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?”
More about this property
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