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Financial
Distress signals
Property profile

410 2nd St Niles, MI 49120

OFF-MARKET
Strip malls
Property ID
US43-3904940
29,341 SF 1.66 ac lot Built 1962
Last sale May 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 410 N 2nd Street in Niles, Michigan, presents a compelling investment opportunity. Spanning 31,734 square feet on a 1.73-acre lot, this property boasts a diverse tenant mix with lease terms ranging from two to seven years remaining, ensuring consistent rental income and long-term stability. The property's anchor tenant, Dollar General, contributes significantly to the property's strong cash flow by attracting substantial foot traffic and…

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?
$39k
Tax billed · 2023
Assessed value · 2024$862k
Effective rate4.49%

Value estimate

· Oct 2026
$745k
$671k – $820k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
CB
CB Central Business District NC Neighborhood Center RC Regional Commercial OC Office/Commercial IND Industrial OS Open Space MHP Mobile H...
General categoryCOMMERCIAL
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 agency17.3
Restaurant14.1
Auto Parts Store12.1

Location

410 2nd St Niles, MI 49120-2285
County assessor Recorded deeds · 3 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
920 Lambert, Niles, MI 49120-3413 $50,000 Oct 2024 4,296 SF
22 4th, Niles, MI 49120-2603 $125,000 Aug 2022 3,996 SF
2515 11th, Niles, MI 49120-4434 $280,000 May 2022 6,624 SF
2726 11th, Niles, MI 49120-4717 $2,175,000 Mar 2020 15,000 SF
2714 11th, Niles, MI 49120-4761 $2,175,000 Mar 2020 12,035 SF
1110 Walker, Niles, MI 49120 $50,000 Oct 2019 3,612 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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