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Financial
Distress signals
Property profile

901 Wayne St Niles, MI 49120

FOR LEASE
Other industrial land
Property ID
US43-3621608
2.4 ac lot
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a manufacturing facility totaling 570,712 square feet on more than 36 acres, configured to be divisible for multiple users. It is constructed with tilt-up concrete and steel-frame elements and is enclosed by a fully fenced perimeter featuring a security station and a central camera system. The warehouse portion is approximately 530,000 square feet with a 30-foot maximum ceiling height, 15 loading docks, and three grade-level overhead doors. A separate office area of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$25/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$13 – $42

Cap rate analysis

How does the asset earn?
5,680,350.00%
$227k 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?
IND
IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONING DISTRICTS ,...
General categoryINDUSTRIAL
JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.2
Realty agency26.0
Building Supply23.3

Location

901 Wayne St Niles, MI 49120
County assessor · not on file Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1418 Jerome, Niles, MI 49120-3462 $140,000 May 2024 No data
1422 Jerome, Niles, MI 49120-3462 $140,000 May 2024 No data
1434 Jerome, Niles, MI 49120-3462 $140,000 May 2024 No data
Surges, Niles, MI 49120 $124,000 Aug 2022 No data
Sheffield, Niles, MI 49120 $300,000 Jun 2022 No data
31 Old, Niles, MI 49120 $47,500 Jul 2019 No data
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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