Realmo Analytics

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Property profile

1647 Mall Dr Benton Harbor, MI 49022

OFF-MARKET
Turn key restaurants
Property ID
US43-3728534
5,439 SF 0.22 ac lot Built 1992
Last sale Jun 2016
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1647 Mall Dr, Benton Harbor, Michigan, is an established restaurant site. It is configured for restaurant use and is supported by long-term lease documentation extending to 2046, indicating a history of planned occupancy rather than a short-term arrangement.

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?
$10k
Tax billed · 2023
Assessed value · 2024$211k
Effective rate4.50%

Value estimate

· Oct 2026
$490k
$441k – $539k
Submarket $/SF estimate$556k

Realmo valuation models over county records.

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

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?
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 agency14.8
Parking Facility10.8
Law Firm10.5

Location

1647 Mall Dr Benton Harbor, MI 49022-2307
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
335 Riverview, Benton Harbor, MI 49022-5032 $450,000 Feb 2026 8,787 SF
174 Main, Benton Harbor, MI 49022-3608 $415,000 Apr 2025 4,856 SF
510 Main, Benton Harbor, MI 49022-3616 $200,000 Mar 2025 8,125 SF
2088 Plz, Benton Harbor, MI 49022-2212 $225,000 Oct 2024 4,000 SF
1675 M 139, Benton Harbor, MI 49022-5715 $283,000 Sep 2024 6,017 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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