Property profile

2010 11th St Niles, MI 49120

OFF-MARKET
Strip malls
Property ID
US43-3347423
14,703 SF 1.89 ac lot Built 1991
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity encompasses 4,200 square feet of vacant space within a larger 14,703-square-foot multi-tenant building located at 2010 S 11th Street, Suite 6, Niles, MI 49120. The property sits on a 1.89-acre lot and boasts a prime location on busy 11th Street, near major retailers such as Lowe's, Verizon, Wings Etc., and Walmart, ensuring high visibility and foot traffic. The building, constructed in 1991, features two single-story structures with a total of seven suites. This particular suite offers a spacious layout, including a front office and waiting area, several private rooms, and two restrooms. Its previous use as an Anytime Fitness center suggests suitability for a health and fitness business, though it is adaptable to a variety of retail uses. Ample parking is available, providing convenient access for customers and employees. The property is zoned GB - General Business (Berrien County APN: 1409300012064) and offers excellent potential for a thriving retail operation. The cross street is Bell Road.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Total area 14,703 SF
Lot 1.89 ac (82,328 SF)
APN 14-0930-0012-06-4
UPID US43-3347423

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Telecommunications Service Data Center
  • Medical Clinic
  • Barber Shop
  • Financial Advisor

Location

2010 11th St Niles, MI 49120-4000
Niles metro Census 21100 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.53M

Owner & transaction history

since 2019
1 recorded transaction
2019
$2.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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