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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Hotels
425 Williams St 39 South Haven, MI 49090-2514
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-2464888
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1989
Total area
327 SF
Lot
0.01 ac (348 SF)
Zoning code
B-3
APN
80-53-775-007-60
UPID
US43-2464888
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
$542k
Blend (final)
Blend
$260k
Owner & transaction history
Young American Indiana LLC · 4 yrs held
Young American Indiana LLC
since 2022
5 recorded transactions
Zoning & alternative use
B-3 · South Haven, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Waterfront Business
General category
COMMERCIAL
Zone area
158.89 ac
Source
Realmo
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
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
$260k
Range $234k – $286k · ±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
$795 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$2,403
Tax year 2020
Assessed value
$50,400
Assessed 2023
Previous assessed
$49,100
+2.6% YoY
Effective rate
4.77%
On assessed value
Total market value
$100,800
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
327 SF
Lot
0.01 ac (348 SF)
Zoning code
B-3
APN
80-53-775-007-60
UPID
US43-2464888
Jurisdiction
VAN BUREN
Zoning & alternative use
B-3 · South Haven, MIZoning B-3 · permitted uses
B-3 · South Haven, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Waterfront Business
General category
COMMERCIAL
Zone area
158.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Young American Indiana LLC
Entity
Free & Clear · 4 yrs held
Mailing address
307 S EDGEWOOD AVE, LA GRANGE, IL 60525-2153
Ownership since
2022
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
Jun 14, 2022
—
Young American Indiana LLC
Chicago Avenue LLC
Warranty Deed
—
May 6, 2022
—
Tom Livingston
Chicago Avenue LLC
Warranty Deed
—
Apr 3, 2014
$626,650
Chicago Avenue LLC
Dell Rental Properties LLC
Warranty Deed
$2,000,000 · Chemical Bank
Mar 8, 2012
$302
Sturgis Bank & Trust
Van Buren County Treasurer
Redemption Deed
related
—
Feb 4, 2009
—
Dell Rental Properties LLC
Basic Enterprises INC
Quit Claim Deed
related
$677,000 · Sturgis Bank & Trust Co
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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