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

    M-51 Niles, MI 49120

    Sponsored
    For Sale
    $1,200,000

    9.17 Acres, Prime Niles Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.17-acre commercial land parcel presents a remarkable development opportunity in Niles, Michigan. Strategically located at the intersection of M-51 and US-12, this property boasts excellent visibility and accessibility. Zoned GB - General Business, it allows for a wide range of commercial uses. The site offers good frontage on M-51 and includes two curb cuts for convenient access (a second curb cut is pending confirmation). Municipal water and sewer are readily available, situated conveniently south of the Everwise Credit Union. This location benefits from a strong demographic profile, with 18,627 households within a 5-mile radius and over 203,000 within a 10-mile radius. Surrounded by established national retailers, commercial businesses, and new developments, including new retention ponds and a recently installed traffic light at the intersection, this property offers a robust infrastructure and thriving commercial environment. The land is priced at $1,200,000, or $1.23 per square foot. Furthermore, the property's size allows for potential subdivision into smaller parcels, catering to diverse development needs. An existing access road from the Everwise Credit Union property provides additional access to the site. This is a truly exceptional opportunity for investors seeking a high-impact commercial development project in a prime location.

    Property Features for 0 M-51

    General Information

    Property type
    Land
    Lot Size
    399,445 SF

    HighLights

    • Excellent M‑51 frontage ideal for development.
    • High‑traffic location with strong visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Niles
    County
    Berrien
    State
    Michigan
    Longitude
    -86.2539925
    Latitude
    41.8299336

    Nearby Similar for Sale

    • $975,000
      11,696 SF

      Historic Niles Building with Gym

      Fully occupied historic building in downtown Niles with steady income.
      115 E Main St, Niles, MI 49120
      View Details
    • $950,000
      5,280 SF

      Adaptable Office/Medical Space Near Downtown

      Updated office/medical space near downtown Niles and the hospital.
      122 Grant St, Niles, MI 49120
      View Details
    • New
      $650,000
      8,600 SF

      Niles Commercial Property with Acreage

      Versatile commercial property with multiple buildings and flexible space.
      1115 Stateline Rd, Niles, MI 49120
      View Details
    • $399,000
      3,680 SF

      Versatile Commercial Building in Niles

      3,600+ sq. ft. commercial building in downtown Niles, MI
      920 Lambert St, Niles, MI 49120
      View Details
    • $179,900
      2,430 SF

      Commercially Zoned Building in Niles

      Office, retail, distribution, storage, or professional service use.
      224 N 4Th St, Niles, MI 49120
      View Details
    • New
      $1,500,000
      31,656 SF

      Versatile Industrial Building in Niles

      31,556 SF industrial building in Niles Industrial Park.
      2112 Industrial Dr, Niles, MI 49120
      View Details
    • $495,000
      40,000 SF

      Niles Grow Facility on 4+ Acres

      Niles, Michigan grow facility with greenhouses on over 4 acres.
      1430 S 3Rd St, Niles, MI 49120
      View Details
    • $515,000
      3,200 SF

      Versatile Commercial Property on High-Traffic Street

      40x80 commercial property with live/work space and ample parking.
      2604 S 11Th St, Niles, MI 49120
      View Details
    • $2,000,000
      17,628 SF

      Entertainment Center with Bowling Alley

      Family-friendly entertainment center with bowling, arcade, sports bar.
      2732 S 11Th St, Niles, MI 49120
      View Details
    • $250,000
      7,280 SF

      Retail Property in Niles, MI

      Retail property available for sale in Niles, Michigan.
      2314 N 5Th St, Niles, MI 49120
      View Details
    • $1,200,000
      Pending

      Redevelopment Opportunity on Corner Lot

      1.13 acres available for redevelopment on a stop light corner.
      2640 S 11Th St, Niles, MI 49120
      View Details
    • $690,000
      5,791 SF

      Wheelchair Accessible Multi-Unit Property

      Well-maintained triplex with retail potential, near Notre Dame.
      2639 S 3Rd St, Niles, MI 49120
      View Details

    FAQs

    What type of property is this?
    Land - 9.17 Acres, Prime Niles Location
    Where is this land located?
    The property is located at M-51 Niles, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Excellent M-51 frontage ideal for development.; High-traffic location with strong visibility.;
    Request Owner's contact information
    M-51 Niles, MI 49120
    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.
    M-51
    Niles, MI 49120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    M-51 Niles, MI 49120
    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
    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.