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Property profile & analytics
FOR SALE
Medical Office Space
225 N Whittaker St New Buffalo, MI 49117
Entity Owned
~
Est. High Equity
Property ID
US43-3604511
For Sale
1 / 43
$430,000
225 N Whittaker St, New Buffalo, MI 49117
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1962
Total area
1,288 SF
Lot
0.2 ac (8,843 SF)
Zoning code
GCD
APN
62-1550-0004-00-6
UPID
US43-3604511
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$425k
Owner & transaction history
Dfv Properties LLC
Dfv Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
GCD · New Buffalo, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GCD - General Commercial District. The GCD - General Commercial District is intended to promote a range of businesses that generate substantial traffic and serve a broad market including automotive services, marine sales and services, offices, and larger retail uses, along the City's major roadways. Standalone buildings and mixed-use development featuring fi…
Zone name
General Commercial District
General category
MIXED_USE
Zone area
84.32 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Buffalo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$425k
Range $383k – $468k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$330 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,252
Tax year 2023
Assessed value
$137,200
Assessed 2024
Previous assessed
$109,900
+24.8% YoY
Effective rate
3.10%
On assessed value
Total market value
$274,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
For Sale
Year built
1962
Cooling
YES
Stories
1
Total area
1,288 SF
Lot
0.2 ac (8,843 SF)
Zoning code
GCD
APN
62-1550-0004-00-6
UPID
US43-3604511
Jurisdiction
BERRIEN
Zoning & alternative use
GCD · New Buffalo, MIZoning GCD · permitted uses
GCD · New Buffalo, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GCD - General Commercial District. The GCD - General Commercial District is intended to promote a range of businesses that generate substantial traffic and serve a broad market including automotive services, marine sales and services, offices, and larger retail uses, along the City's major roadways. Standalone buildings and mixed-use development featuring first-floor retail and service uses and upper-floor residential or office uses are appropriate. The District is intended to promote visually pleasing corridor-oriented development through appropriate signage, lighting levels, attractive landscaping, and parking areas. The District is further intended to ensure adequate and safe access for motorists and pedestrians through combined access points and parking areas. 3.
Zone name
General Commercial District
General category
MIXED_USE
Zone area
84.32 ac
Building & site characteristics
From public records
Year built
1962
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Dfv Properties LLC
Entity
Mailing address
225 S WHITTAKER ST, NEW BUFFALO, MI 49117-1377
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Dfv Properties LLC
Oliver Property Management LLC
Warranty Deed
$175,000 · Horizon Bank
Aug 13, 2025
—
Kmjb LLC
—
Deed
related
$50,000 · Everwise Cu
May 2, 2025
—
Kmjb LLC
—
Deed
related
$400,000 · Everwise Cu
Oct 30, 2024
—
Kmjb LLC
Levin J Metz
Quitclaim Deed
related
—
Jul 23, 2024
$366,500
Imagine Ventures LLC
Kcb Property Management LLC
Warranty Deed
—
Mar 3, 2023
—
Kevin Metz
Douglas Roch LLC
Warranty Deed
—
Feb 28, 2022
—
Ruifeng Malecki
Waya Rentals LLC
Warranty Deed
$95,000 · Waya Rentals LLC
Nov 9, 2020
—
Kcb Property Management LLC
Kathleen Bernicky
Quitclaim Deed
related
—
Sep 14, 2020
—
Christopher Bernicky
Dfv Properties LLC
Warranty Deed
—
Jul 2, 2020
—
Gene Hwang
Gene Hwang
Intrafamily Transfer
related
—
Mar 6, 2020
—
Oliver Property Management LLC
—
Deed
related
$131,250 · Navy FCU
Dec 27, 2019
—
Oliver Property Management
225 N Whittaker Street LLC
Warranty Deed
—
Feb 2, 2018
—
Dfv Properties LLC
Bts Associates INC
Warranty Deed
—
May 26, 2016
—
Bts Associates INC
Cg New Buffalo LLC
Warranty Deed
—
Jun 30, 2006
—
Gene L Hwang
Michele Hwang
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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