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    110 Enterprise Dr Three Rivers, MI 49093

    Sponsored
    For Sale
    $299,000

    Prime 3.58-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3.58-acre commercial land parcel, located at 110 Enterprise Drive in Three Rivers, Michigan (APN 7505151000300), presents a unique investment opportunity. Zoned B-2 General Business District, this property boasts unparalleled visibility, fronting both North Main and Enterprise Drive, a main thoroughfare between downtown Three Rivers and US-131. Its strategic location within a thriving shopping center offers easy access and significant exposure. The property shares a large parking lot with established businesses including Verse by Verse Church and Three Rivers 6 Movie Theatre, ensuring ample parking for potential tenants and customers. Neighboring businesses include a Shell gas station, Edward Jones, and IMED, further enhancing the location's appeal. A large LED pylon sign is situated on the out parcel, providing excellent advertising opportunities. The property's size and zoning make it ideal for a variety of commercial uses, including a drive-thru restaurant or coffee shop. This is a rare opportunity to acquire a high-visibility commercial lot in a rapidly growing area. The asking price is $299,000.

    Property Features for 110 Enterprise Dr

    General Information

    Property type
    Land
    Lot Size
    155,945 SF

    HighLights

    • High visibility and convenient access.
    • Drive‑thru potential available.
    • Prominent location within a thriving shopping center.
    • Situated at the highly visible corner of North Main and US‑131.
    • Beneficial frontage on both North Main and Enterprise Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Three Rivers
    County
    St Joseph
    State
    Michigan
    Longitude
    -85.6343964
    Latitude
    41.9685108

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    FAQs

    What type of property is this?
    Land - Prime 3.58-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 110 Enterprise Dr Three Rivers, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: High visibility and convenient access.; Drive-thru potential available.; Prominent location within a thriving shopping center.
    Request Owner's contact information
    110 Enterprise Dr Three Rivers, MI 49093
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    Three Rivers, MI 49093
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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
    110 Enterprise Dr Three Rivers, MI 49093
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