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    1468 Cinema Way Benton Harbor, MI 49022

    • Theaters & concert halls
    • 46,584 SF
    • 12.19 lot acres
    For Sale
    View listing
    $734,500
    Value Estimation
    Location Intelligence
    Property ID
    US43-4109672
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Celebration Cinema Benton Harbor / Movie Theater
    • ATM / Atm

    Property Details for 1468 Cinema Way

    Year built
    1997
    Lot size
    12.19 lot acres
    Property size
    46,584 SF
    Zone code
    D1 COMM
    Property type
    Theaters & concert halls
    APN
    03-0032-0009-79-0
    APU
    300320009790

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.4241
    Latitude
    42.0758
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $76,003
    $0.00
    $0.00
    $1,587,600
    -
    $0.00
    $0.00
    $3,175,200

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      6.92 Acres

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      View Details

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    Benton Harbor, MI 49022
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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
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