Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    E Shawnee Road Berrien Springs, MI 49103

    View on Map
    Claim this Listing
    New
    For Sale
    $130,000

    LAND - Berrien Springs, MI

    Lot size:
    10.07 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 18 at 4:06 pm

    Property Features for E Shawnee Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    11-15-0017-0014-02-0
    Lot size
    10.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SPLIT ON 12/19/2012 FROM 15-0017-0014-01-6; BEG AT THE S1/4 COR SEC 17 T6S R18W TH N00DEG27'20''E 1662.93' TH S89DEG50'12''E 263.80' TH S00DEG27'21''W 1662.36' TH N89DEG57'39''W 263.80' TO POB
    Tax Annual Amount
    887

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Chris Smith

    Listing agent Chris Smith License #6501433897

    Listing office Wright Properties 260 Cavelier Ave, Benton Harbor, MI

    Listing date Apr 16, 2026

    MLS# 26016016 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Land in Wine Country

    This property features just over 10 acres of buildable land. Located in Berrien Springs, Michigan, this land offers the opportunity for constructing a dream home or development. The property is situated in the heart of Wine Country, in Berrien County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Berrien Springs
    County
    Berrien
    State
    Michigan
    Longitude
    -86.436369
    Latitude
    41.943412

    Nearby Similar for Sale

    • $2,900,000
      51,108 SF

      Mixed-Use Strip Center Opportunity

      Neighborhood strip center with diverse income streams near Andrews University.
      9067 N US Highway 31, Berrien Springs, MI 49103
      View Details
    • $180,000
      1,132 SF

      Berrien Springs Commercial Opportunity

      Commercial property with established Oriental Supermarket business for sale.
      114 E Ferry Street, Berrien Springs, MI 49103
      View Details
    • $160,000
      1,920 SF

      Retail Space in Berrien Springs

      Retail or office space in the Village Business District.
      124 E Ferry Street, Berrien Springs, MI 49103
      View Details
    • $64,900

      Buildable Land with Countryside Views

      Two-acre parcel with income potential and multiple building sites.
      V/L-2 Red Bud Trail, Berrien Springs, MI 49103
      View Details
    • $149,900

      Scenic 2.72 Acre Building Site

      Exceptional building site with installed septic system and elevated views.
      V/L 2 S Scottdale Road, Berrien Springs, MI 49103
      View Details
    • $59,900

      2-Acre Parcel on Red Bud Trail

      2-acre parcel ideal for homesite, hobby farm, or winery.
      V/L-3 Red Bud Trail, Berrien Springs, MI 49103
      View Details
    • $149,900

      Buildable Land with Panoramic Views

      5-acre buildable parcel with farmland views and sunset vistas.
      V/L 4 Scottdale Road, Berrien Springs, MI 49103
      View Details
    • $139,900

      Buildable Land with Panoramic Views

      5-acre buildable parcel with views in Berrien Springs, MI.
      V/L 3 S Scottdale Road, Berrien Springs, MI 49103
      View Details
    • $389,900

      Versatile Land with Income Potential

      29.83 acres of scenic land with development opportunities.
      V/L Red Bud Trail, Berrien Springs, MI 49103
      View Details
    • $95,000

      One-Acre Parcel in Hildebrand Hills

      One-acre lot in executive subdivision near Painter Lake.
      2658 W Lakeland Drive, Berrien Springs, MI 49103
      View Details
    • $45,000

      Residential Land in Peach Ridge

      Buildable home site in Berrien Springs, no HOA.
      7768 Amber Jam Way, Berrien Springs, MI 49103
      View Details
    • $37,000

      Residential Land in Berrien Springs

      Buildable home site in Berrien Springs, MI, no HOA.
      2430 Crest Haven Boulevard, Berrien Springs, MI 49103
      View Details

    FAQs

    What type of property is this?
    Land - 10+ acres to build your dream home or development.
    Where is this land located?
    The property is located at E Shawnee Road Berrien Springs, MI.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: 10+ acres of buildable land, a rare find!; Located in beautiful wine country.; Opportunity to build your dream home or a new development.
    (219) 840-8512
    We can help!
    Listing Contact
    Chris Smith
    Real Estate License ID: 6501433897
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!