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    1468 Cinema Way Benton Harbor, MI 49022

    Sponsored
    For Sale
    $734,500

    Prime I-94 location, 2.26 acres, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.26-acre vacant commercial land parcel presents a unique investment opportunity in Benton Harbor, Michigan. Strategically located along I-94, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any future development. The site is zoned COMMERCIAL, allowing for a wide range of potential uses, including hospitality, office, and retail establishments. The asking price is $734,500, translating to a land value of $400,000 per acre. The property's address is 1468 Cinema Way, Benton Harbor, MI 49022, and its APN is 11-03-0032-0009-79-0 POLP. This prime location offers significant advantages, situated adjacent to Celebration Cinema and surrounded by established businesses such as Walmart, Lowe's, Applebee's, McDonald's, and several hotels. This ensures a strong existing customer base and high foot traffic, making it an ideal location for a variety of commercial ventures. The property's size and location make it an attractive prospect for developers seeking to capitalize on the high-traffic area and strong surrounding commercial presence. This is a rare opportunity to acquire a significant commercial land parcel in a thriving location with excellent visibility and access. Don't miss out on this chance to build your next successful venture.

    Property Features for 1468 Cinema Way

    General Information

    Property type
    Individual retail properties
    Lot Size
    98,446 SF

    HighLights

    • 2.26‑acre vacant commercial land parcel in Benton Harbor, MI.
    • High‑traffic location on I‑94 with excellent visibility and accessibility.
    • Commercially zoned, suitable for various uses including hospitality, office, and retail.
    • Asking price: $734,500 ($400,000/acre).
    • Located near Celebration Cinema, Walmart, Lowe's, Applebee's, McDonald's, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Celebration Cinema Benton ... Movie Theater ATM Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.4226852
    Latitude
    42.0762056

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    FAQs

    What type of property is this?
    Individual retail property - Prime I-94 location, 2.26 acres, high visibility.
    Where is this individual retail property located?
    The property is located at 1468 Cinema Way Benton Harbor, MI.
    What is the asking price?
    The asking price for this property is $734,500.
    What are key features of this property?
    This property features: 2.26-acre vacant commercial land parcel in Benton Harbor, MI.; High-traffic location on I-94 with excellent visibility and accessibility.; Commercially zoned, suitable for various uses including hospitality, office, and retail.
    Request Owner's contact information
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    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
    1468 Cinema Way Benton Harbor, MI 49022
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