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Financial
Distress signals
Property profile

2229 S 11Th St Niles, MI 49120

FOR SALE
Auto shops
Property ID
US43-2768395
2,700 SF 0.65 ac lot Built 1988
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 at 2229 S 11th Street in Niles, Michigan is a specialty commercial building constructed in 1988 with approximately 2,700 square feet of building area. It contains three bathrooms and sits on a substantial lot with approximately 186 feet of road frontage on S 11th Street, providing street exposure. The roof was replaced in 2021. The site includes additional outdoor area that may be used for parking and/or outdoor displays, subject to applicable requirements and approvals.

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?
$3k
Tax billed · 2023
Assessed value · 2024$77k
Effective rate4.08%

Value estimate

· Oct 2026
$230k
$207k – $253k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 7.02% cap applied$28k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.02%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Realty agency12.3
Hair Salon11.1

Location

2229 S 11Th St Niles, MI 49120
County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog · not on file

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
2840 11th, Niles, MI 49120-4422 $750,000 Mar 2025 4,320 SF
451 Frances, Niles, MI 49120-1143 $236,000 Mar 2024 4,440 SF
1261 9th, Niles, MI 49120-3471 $475,000 Apr 2021 5,316 SF
1945 11th, Niles, MI 49120-4054 $1,105,000 Nov 2020 3,976 SF
519 Sycamore, Niles, MI 49120-2456 $99,000 Jul 2020 3,517 SF
Niles, MI 49120 $200,000 Feb 2020 3,701 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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