815 Myrtle Ave, Saint Joseph, MI 49085 - Valuation report, cap rates, free data
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815 Myrtle Ave, Saint Joseph, MI 49085

Indicative value *
$0.2M - $0.3M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
66
Value decline
risk score
61
Value growth
potential score
  • High business growth
  • Gentrifying area
  • Neighbors include: CITGO
  • Mix of residential and commercial buildings with 49% of people residing in the area and 51% commuting here for work
  • Access to public transit is average with transit score of 24 (out of 100)
  • Medium employee density of 2,154/sq.mi. in 0.3mi and low employee density of 541/sq.mi. in 3mi
  • Medium levels of salaries of $47,000 per year
  • Largest industires include Healthcare, Restaurants and Bars, Light Manufacturing
  • Area has average popularity with foot traffic score of 42 (out of 100)
  • A number of amenities within walking distance but not many, including restaurants Neon Grill
  • Medium-sized business tenants in the area, including Lakeland Regional Health System, Michigan Pizza Hut Inc., United Federal credit Union, Hanson Cold Storage Co., Vail Rubber Works Inc., Region Iv Area Agency On Aging Inc, Pace Of Southwest Michigan Inc., Marketing Partners, Inc., Harding & Ruess Inc., Materials Resources, LLC, Berrien Regional Associates In Neurology Pllc
  • Far from highways, highway score is 13 (out of 100)
  • Low job growth in the area (within 3mi radius)
  • Far from an urban center
  • USA / Michigan / 49085 / 815 Myrtle Ave, Saint Joseph, MI 49085, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    3738
    121
    04/16/20
    Office
    12480
    6
    58.33
    03/18/20
    Office
    4876
    29
    10.3
    02/11/20
    Office
    4716
    23
    15.67
    09/04/19
    Office
    4500
    26
    14.12
    08/07/19
    Office
    4900
    7
    47.92
    12/13/18
    Office
    4592
    38
    11.51
    01/24/18
    Office
    5861
    68
    5.92
    06/15/17
    Office
    4128
    14
    20.54
    05/22/17
    Office
    13928
    29
    10.3
    04/10/17
    Office
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Population Density

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    Business Density

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    Highways

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