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Financial
Distress signals
Property profile

288 Colfax Ave Benton Harbor, MI 49022

OFF-MARKET
Auto shops
Property ID
US43-3944102
4,328 SF 0.08 ac lot Built 1930
Last sale Nov 2010 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an approximately 7,876-square-foot, two-story auto repair building constructed in 1930, situated on a 0.08-acre site in Benton Harbor, Berrien County, Michigan at 288 Colfax Avenue. The structure uses reinforced steel framing with block construction and includes large overhead doors, a partial basement, a secure on-site parking area, and an on-site bathroom. Existing building systems include forced-air heating and broadband connectivity. The building’s current automotive-focused…

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?
$2k
Tax billed · 2023
Assessed value · 2024$111k
Effective rate2.02%

Value estimate

· Oct 2026
$180k
$162k – $198k

Realmo valuation models over county records.

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

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?
DISTRICT E
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 agency26.2
Building Supply21.5
Dental Office20.5

Location

288 Colfax Ave Benton Harbor, MI 49022-4747
County assessor Recorded deeds · 2 transfers 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
1966 Plz, Benton Harbor, MI 49022-2210 $500,000 Apr 2022 4,608 SF
1671 Norwood, Benton Harbor, MI 49022-3937 $186,000 Sep 2021 2,688 SF
295 Colfax, Benton Harbor, MI 49022-4746 $130,000 Aug 2020 4,771 SF
1784 M 139, Benton Harbor, MI 49022-6150 $210,000 Nov 2018 4,000 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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