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
    The Largest CRE Database in the US with Over 1 Million Listings

    Herman Rd Berrien Springs, MI 49103

    Sponsored
    For Sale
    Under Contract
    $299,900

    LAND - Berrien Springs, MI

    Lot size:
    39.48 Acres
    Days on Market:
    15
    Last Refresh:
    Feb 16 at 3:06 pm

    Property Features for Herman Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    11-06-0001-0006-03-4
    Lot size
    39.48 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Sharon L Straw

    @properties Christie's Intl RE (269) 469-0700

    Listing agent Sharon L Straw (269) 325-4663

    Listing date Feb 2, 2026

    MLS# 25056250 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.

    Learn more

    Property Insight Report

    Overview

    Berrien Springs Farmland Opportunity

    Two adjacent parcels, totaling approximately 39.48 acres, are being sold together. The land is currently used for alternating crops of corn and soybeans and has been well maintained with a strong production history. Designated as Qualified Agricultural Property, it offers significant property tax savings for continued agricultural use. This presents an ideal opportunity for farmers, investors, or those seeking a rural home site with income potential. The property is located near local towns and major routes, providing easy access to markets and services. Productive soils and flexible use options make this a valuable land investment. One parcel is 17.5 acres, and the other is 21.92 acres; each has its own tax ID. The 2025 crop goes to the tenant farmer, and the 2025 cash rent goes to the seller.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Berrien Springs
    County
    Berrien
    State
    Michigan
    Longitude
    -86.3484
    Latitude
    41.895074

    Nearby Similar for Sale

    • New
      $495,000
      Pending

      Historical Brick Multifamily Building

      Meticulously maintained four-unit rental property with income growth potential.
      308 S Mechanic St, Berrien Springs, MI 49103
      View Details
    • $179,900
      720 SF

      Commercial Lot with Pole Barn

      Commercial lot with high traffic, pole barn, and concrete floors.
      644 St Joseph Ave, Berrien Springs, MI 49103
      View Details
    • $869,900
      65.10 Acres

      65 Acres of Michigan Vineyards

      65-acre vineyard in Southwest Michigan's wine country for sale.
      E Lemon Creek Rd, Berrien Springs, MI 49103
      View Details
    • New
      $239,000
      5,076 SF

      Restaurant with Liquor License

      Restaurant in downtown Berrien Springs with a liquor license.
      108 E Ferry St, Berrien Springs, MI 49103
      View Details
    • $250,000
      Pending

      Mobile Home Park Investment Opportunity

      Stabilized 4.5-acre mobile home park in Southwest Michigan.
      6497 M-139, Berrien Springs, MI 49103
      View Details
    • $243,000
      0.30 Acres

      Berrien Springs Multifamily Property

      Multifamily property near Andrews University with long-term tenants.
      4837 Greenfield Dr, Berrien Springs, MI 49103
      View Details
    • $99,999
      1,411 SF

      Downtown Berrien Springs Commercial Opportunity

      Prime commercial building in downtown Berrien Springs with high visibility.
      113 E Ferry St, Berrien Springs, MI 49103
      View Details

    FAQs

    What type of property is this?
    Farm - Productive 39.48-acre farmland near Berrien Springs, Michigan.
    Where is this farm located?
    The property is located at Herman Rd Berrien Springs, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Approximately 39.48 acres of productive farmland with a strong history of corn and soybean production.; - Designated as Qualified Agricultural Property, offering significant property tax savings.; - Income potential through continued agricultural use; 2025 cash rent goes to seller.
    (269) 325-4663
    Request Owner's contact information
    Herman Rd Berrien Springs, MI 49103
    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.
    Herman Rd
    Berrien Springs, MI 49103
    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
    Herman Rd Berrien Springs, MI 49103
    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
    Sharon L Straw
    (269) 325-4663 (269) 471-0668
    Learn more
    Google sign-in failed. Please try again or use another login method.