Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    19839 Witt Rd Three Oaks, MI 49128

    Sponsored
    For Sale
    $650,000

    LAND - Three Oaks, MI

    Lot size:
    13.40 Acres
    Days on Market:
    124
    Last Refresh:
    Jan 20 at 3:06 pm

    Property Features for 19839 Witt Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    112000210007027
    Lot size
    13.40 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Karen Strohl
    Karen Strohl

    Coldwell Banker Residential Brokerage (847) 313-6751 [email protected]

    Listing agent Karen Strohl (269) 469-3950

    Listing date Sep 19, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    13 Acres in Three Oaks

    This 13.4-acre property offers a combination of desirable features, including rolling topography, a pond, mature trees, open land, and privacy. The land has frontage on two roads and is located close to New Buffalo beaches and Harbor Country attractions. Situated in the 1000 north corridor, the parcel is surrounded by estate properties on large acreages. It is a building site that also offers the opportunity to accommodate a variety of country sports and activities. The property is located in Three Oaks, Michigan, and is approximately 80 minutes from downtown Chicago.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Storage Facility Garden Center Plumbing Service Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Three Oaks
    County
    Berrien
    State
    Michigan
    Longitude
    -86.638597
    Latitude
    41.761092

    Nearby Similar for Sale

    • $779,000
      6,568 SF

      Versatile Property with Business Potential

      Unique property suitable for residential, commercial, or entrepreneurial ventures.
      15320 Three Oaks Rd, Three Oaks, MI 49128
      View Details
    • $348,500
      3,500 SF

      Historic US 12 Commercial Building

      1.6-acre parcel with 3,500 sq ft commercial building.
      4863 Us Highway 12, Three Oaks, MI 49128
      View Details
    • $849,000
      7,626 SF

      Versatile Commercial Property on US-12

      Expansive commercial property in Three Oaks, MI, with high visibility.
      6736 Us-12, Three Oaks, MI 49128
      View Details
    • $250,000
      7,500 SF

      Retail Opportunity in Three Oaks

      Two buildings in high-traffic area with retail and conversion potential.
      201-205 Nels Dr, Three Oaks, MI 49128
      View Details
    • $305,000
      0.22 Acres

      Charming Three Oaks Duplex

      Affordable duplex in Three Oaks, perfect for owner-occupant or investor.
      210 W Locust St, Three Oaks, MI 49128
      View Details
    • $240,000
      768 SF

      Versatile Property in Three Oaks

      Nearly 4-acre property with multiple buildings and high visibility.
      5463 Hwy 12 U.S, Three Oaks, MI 49128
      View Details
    • $90,000
      5,864 SF

      Retail/Office Space in Three Oaks

      Located in Three Oaks near retail, dining, and entertainment.
      4 W Linden St, Three Oaks, MI 49128
      View Details
    • $350,000

      Hobby Farm with Highway Frontage

      Hobby farm in high-growth, tourist area with highway frontage.
      7079 Us-12, Three Oaks, MI 49128
      View Details

    FAQs

    What type of property is this?
    Land - 13-acre land parcel with pond, trees, and road frontage.
    Where is this land located?
    The property is located at 19839 Witt Rd Three Oaks, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Expansive 13-acre estate offering a blend of rolling hills, a serene pond, mature trees, and open land for ultimate privacy.; - Enjoy the convenience of being close to New Buffalo beaches and Harbor Country attractions.; - Benefit from frontage on two roads.
    (312) 953-8906
    Request Owner's contact information
    19839 Witt Rd Three Oaks, MI 49128
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19839 Witt Rd
    Three Oaks, MI 49128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19839 Witt Rd Three Oaks, MI 49128
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Karen Strohl
    Karen Strohl
    (312) 953-8906
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.