3019 11Th StNiles, MI 49120

  • Amusement parks
  • 7,232 SF
For Sale
$1,995,900 View listing

Property Details for 3019 11Th St

Year built
1994
Lot size
16.93 AC
Property size (Sq ft)
7,232 SF
Property type
Amusement parks
APN
14-0123-0101-02-0
APU
1401230101020

Description

This exceptional 16.9-acre parcel presents a prime development opportunity in Niles, Michigan. Situated on busy M-51 (S. 11th Street), this property boasts 554 feet of frontage on M-51 and approximately 490 feet of frontage on 13th Street. Its General Business (GB) zoning allows for a wide range of commercial uses, including hospitality, retail, grocery, restaurants, and large-format stores. The site benefits from municipal water and sewer services, ensuring seamless infrastructure integration for any development project. Located just half a mile south of major retailers like Walmart and Lowe's, this property enjoys exceptional visibility and accessibility. The average daily traffic count on M-51 is approximately 17,337 vehicles, guaranteeing high exposure for any business. Its strategic location, only six miles north of the University of Notre Dame campus and the I-80/90 Toll Road, further enhances its appeal. This is the largest available parcel on the S. 11th Street corridor, offering unparalleled potential for significant commercial development. The property's APN is 11-14-0123-0101-02-0. The asking price is $1,995,900. The property includes one building on a multi-tenant site.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,456,121
    Hospitality
    $1,333,799
    Educational
    $1,109,705
    Medical
    $1,147,870
    Retail
    $1,726,208

Location Insight

City
Niles
County
Berrien
State
Michigan
Latitude
41.7659
Longitude
-86.248
CBSA code
35660
CBSA name
NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,837
-
-
$715,900
-
-
-
$1,431,800

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