Property profile

603 2nd St Niles, MI 49120

OFF-MARKET
Auto shops
Property ID
US43-3018701
4,892 SF 0.21 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Total area 4,892 SF
Lot 0.21 ac (9,060 SF)
Zoning code CB
APN 72-3050-0087-00-1
UPID US43-3018701

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Community Center

Location

603 2nd St Niles, MI 49120-2231
Niles metro Census 20500 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2017
$99,500
2016
$100,000

Zoning & alternative use

CB · Niles, MI
Zoning description

CB Central Business District NC Neighborhood Center RC Regional Commercial OC Office/Commercial IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONIN…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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