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Property profile & analytics
OFF-MARKET
Office buildings
418 Broadway St South Haven, MI 49090-1421
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-2222583
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Total area
2,664 SF
Lot
0.26 ac (11,543 SF)
Zoning code
B-2
APN
80-53-506-002-00
UPID
US43-2222583
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
-
SuperHits 103.7 COSY-FM South Haven Studios Radio Station Telecommunications Service
-
Beyond the Spine Chiropractic & Massage PLLC Alternative Medicine Practice
-
Kellie Hakken Foster Care Service Social Service Agency
-
Michigan Horse Property Real Estate Agency
-
Sarafina's Integrative Massage Studio LLC Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Haven Offices LLC · 1 yrs held
South Haven Offices LLC
since 2025
5 recorded transactions
Zoning & alternative use
B-2 · South Haven, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 South Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Haven 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$5,454
Tax year 2020
Assessed value
$121,800
Assessed 2023
Previous assessed
$117,800
+3.4% YoY
Effective rate
4.48%
On assessed value
Total market value
$243,600
Applied tax rate
80,530.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
2,664 SF
Lot
0.26 ac (11,543 SF)
Zoning code
B-2
APN
80-53-506-002-00
UPID
US43-2222583
Jurisdiction
VAN BUREN
Zoning & alternative use
B-2 · South Haven, MI
Zoning B-2 · permitted uses
B-2 · South Haven, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Haven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
South Haven Offices LLC
Entity
Mailing address
91 N SHR DR N, SOUTH HAVEN, MI 49090-9169
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
South Haven Offices LLC
—
Deed
related
$330,000 · Public Services Credit Union
Jun 9, 2025
—
South Haven Offices LLC
Amy E Wheeler
Deed
related
$322,215 · Sturgis Bank & Trust Co
Apr 6, 2022
—
Amy E Wheeler
Michigan Lakeside Properties LLC
Warranty Deed
$270,000 · Sturgis Bank & Trust Co
Apr 15, 2016
$250,000
Michigan Lakeside Properties LLC
South Haven Enterprises LLC
Warranty Deed
$180,000 · Chemical Bank
Apr 9, 2013
$190,000
South Haven Enterprises LLC
Robert C Morris
Warranty Deed
—
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.
Try Rey
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