New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Auto shops
685 Main St, Benton Harbor, MI 49022-3617
Individually Owned
1-yr Hold
Free & Clear
Property ID
US43-4222528
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1979
Total area
10,899 SF
Lot
1.13 ac (49,223 SF)
Zoning code
DISTRICT A
APN
54-0805-0001-06-0
UPID
US43-4222528
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
-
Passaro & Kahne Law Office: Holt Brian G Law Firm
-
Sally A. Taylor Law Firm
-
Thompson Lori M Law Firm
-
Kahne Howard H Law Firm
-
Attorney Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.14M
Owner & transaction history
Craig H Foster · 1 yrs held
Craig H Foster
since 2024
6 recorded transactions
Zoning & alternative use
DISTRICT A · Benton Harbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+136.9%
Commercial (general)
$1.3M
+94.7%
Office building
$1.1M
+64.8%
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 Benton Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benton Harbor 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
Alternative Use
Use
Estimation
RESTAURANT
$1,605,000
Change: +137% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,320,000
Change: +95% · Conversion: Moderate
OFFICE BUILDING
$1,120,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$104 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,624
Tax year 2023
Assessed value
$430,400
Assessed 2024
Previous assessed
$430,400
+0.0% YoY
Effective rate
2.00%
On assessed value
Total market value
$860,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1979
Stories
1
Total area
10,899 SF
Lot
1.13 ac (49,223 SF)
Zoning code
DISTRICT A
APN
54-0805-0001-06-0
UPID
US43-4222528
Jurisdiction
BERRIEN
Zoning & alternative use
DISTRICT A · Benton Harbor, MI
Zoning DISTRICT A · permitted uses
DISTRICT A · Benton Harbor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benton Harbor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Craig H Foster
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 838, BENTON HARBOR, MI 49023-0838
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Craig H Foster
Craig H Foster
Warranty Deed
related
—
Dec 21, 2018
$186,000
Shelly Anne Dainnelangston
Thomas W Arnold
Warranty Deed
$158,100 · Honor Cu
Dec 3, 2018
$205,000
Thomas Adrian Nicholson
Terry A Nicholson
Warranty Deed
related
$201,285 · Horizon Bank
May 21, 2018
$305,000
Bradford Culwelll
Daniel S Apotheker
Warranty Deed
$289,750 · Sirva Mortgage INC
Dec 1, 2017
—
Douglas Kenneth Mcleod
Jeremy M Payne
Warranty Deed
$36,000 · Robert & Coreen Robbins Etux
Dec 1, 2017
$410,000
Barbara J Burrows
Paul B Bixby
Trustees Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 685 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
