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Financial
Distress signals
Property profile

4863 Us Highway 12 Three Oaks, MI 49128

FOR SALE
Bars & Pubs
Property ID
US43-3167120
3,676 SF 1.63 ac lot
Last sale Jan 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 1.6-acre parcel improved with a well-built commercial building constructed in the 1930s. The building contains approximately 3,500 sq. ft. of usable space, including 2,100 sq. ft. with original maple floors and original ceilings, and is supported by steel beam construction. It includes a large basement with high ceilings. The site has 428 ft of frontage on US 12, a heavily traveled and historic highway, providing high-visibility roadside access. Improvements include a…

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$112k
Effective rate2.03%

Value estimate

· Oct 2026
$305k
$275k – $336k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 7.81% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$83 – $230

Cap rate analysis

How does the asset earn?
7.81%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand index
Furniture Store8.1
Wholesale Shop7.8

Location

4863 Us Highway 12 Three Oaks, MI 49128
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Elm, Three Oaks, MI 49128-1118 $125,000 Sep 2020 2,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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