Financial
Distress signals
Property profile

8669 Red Arrow Hwy Bridgman, MI 49106

FOR SALE
Retail space
Property ID
US43-3499751
3,985 SF 0.4 ac lot
Last sale Apr 2018
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial building configured for business use, located near Interstate 94 (exit 12) in a high-traffic area. The building includes two loading docks equipped with overhead doors, as well as a ramp providing access to a lower level. Exterior paved parking is available, and the property layout is suited to a range of commercial uses.

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.

Mortgages

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$101k
Effective rate2.08%

Value estimate

· Sep 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$4k
Operating expenses−$27k
NOI · 17.80% cap applied$62k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables3

Cap rate analysis

How does the asset earn?
17.80%
$62k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
I
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.6
Building Supply9.6
Storage Facility9.0

Location

8669 Red Arrow Hwy Bridgman, MI 49106
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4236 Lk, Bridgman, MI 49106-9109 $550,000 Jul 2024 2,568 SF
4055 Lk, Bridgman, MI 49106-9709 $300,000 Feb 2024 6,320 SF
4164 Lk, Bridgman, MI 49106-9103 $229,900 Jun 2023 1,984 SF
4217 Lk, Bridgman, MI 49106-9113 $140,000 Mar 2023 2,100 SF
4249 Lk, Bridgman, MI 49106-9113 $185,000 Sep 2021 2,282 SF
4352 Lk, Bridgman, MI 49106-9108 $210,000 Nov 2020 6,490 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?”
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