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    OFF-MARKET
    Amusement parks

    3019 11th St, Niles, MI 49120-4707

    7,232 SF 16.93 ac lot Built 1994
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-2998951
    Property summary
    AI-generated overview

    This exceptional 16.9-acre parcel presents a prime development opportunity in Niles, Michigan. Situated on busy M-51 (S. 11th Street), this property boasts 554 feet of frontage on M-51 and approximately 490 feet of frontage on 13th Street. Its General Business (GB) zoning allows for a wide range of commercial uses, including hospitality, retail, grocery, restaurants, and large-format stores. The site benefits from municipal water and sewer services, ensuring seamless infrastructure integration for any development project. Located just half a mile south of major retailers like Walmart and Lowe's, this property enjoys exceptional visibility and accessibility. The average daily traffic count on M-51 is approximately 17,337 vehicles, guaranteeing high exposure for any business. Its strategic location, only six miles north of the University of Notre Dame campus and the I-80/90 Toll Road, further enhances its appeal. This is the largest available parcel on the S. 11th Street corridor, offering unparalleled potential for significant commercial development. The property's APN is 11-14-0123-0101-02-0. The asking price is $1,995,900. The property includes one building on a multi-tenant site.

    Property profile
    Verified
    Property type Amusement parks
    Use group ARCADES (AMUSEMENT)
    Year built 1994
    Total area 7,232 SF
    Lot 16.93 ac (737,471 SF)
    APN 14-0123-0101-02-0
    UPID US43-2998951
    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
    Current use
    Occupant on record · Public records
    • Hacker's Golf and Games Arcade & Gaming Center Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Eureka Investments LLC · 1 yrs held
    Eureka Investments LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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