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Financial
Distress signals
Property profile

19409 Us Highway 12 New Buffalo, MI 49117

FOR SALE
Office buildings
Property ID
US43-3954703
720 SF 0.15 ac lot Built 1950
Last sale Sep 2009
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This live-work property is located at the entrance to Grand Beach on US 12 and is zoned C-1, supporting residential and commercial uses. Configured to allow combinations of office, home, retail, and long- or short-term residential rental use, the building includes 1,646 square feet total with 833 square feet on the main level and an 813 square-foot lower-level walkout that contains an additional bedroom/office and a full bath. The main level includes a bedroom/office, a full bath, a kitchen,…

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?
$1k
Tax billed · 2023
Assessed value · 2024$35k
Effective rate3.85%

Value estimate

· Oct 2026
$95k
$86k – $105k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 1.99% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$35 – $169

Cap rate analysis

How does the asset earn?
1.99%
$9k 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?
SELECTZONING
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.9
Restaurant9.7
Law Firm9.1

Location

19409 Us Highway 12 New Buffalo, MI 49117
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

2 recorded sales · 9 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9 Mechanic, New Buffalo, MI 49117-1125 $600,000 Sep 2021 2,341 SF
9 Barker, New Buffalo, MI 49117-1001 $239,000 Nov 2020 1,878 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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