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Property profile & analytics

203 Tolbert Dr Three Rivers, MI 49093

  • Commercial land
  • 3.66 lot acres
Value Estimation
Last Sale
Oct 30, 2020
Location Intelligence
Property ID
US43-2042621
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

  • Commercial land

Property Details for 203 Tolbert Dr

Lot size
3.66 lot acres
Zone code
B-2
Property type
Commercial land
APN
051-530-103-00
APU
5153010300

Description

This exceptional 3.66-acre commercial land parcel presents a remarkable investment opportunity in Three Rivers, Michigan. Strategically located directly adjacent to a Walmart Supercenter, this highly visible site boasts unparalleled access to significant daily traffic exceeding 20,000 vehicles at the signalized intersection of Millard Road and Highway 131. All Walmart traffic is guaranteed to pass this property, ensuring maximum exposure for any development. The expansive lot size offers considerable flexibility for various development scenarios. Potential uses include a multi-tenant retail strip center, capable of accommodating up to 32,000 square feet of commercial space, or the creation of two separate single-tenant outparcels. This prime location in St. Joseph County, with its address at 203 S Tolbert Dr, Three Rivers, MI 49093 (latitude 41.940228, longitude -85.655014), offers an unparalleled chance to capitalize on high traffic counts and proximity to a major retail anchor. The asking price for this exceptional property is $450,000. Don't miss this opportunity to secure a highly desirable commercial land parcel in a thriving Michigan market.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Three Rivers
County
St. Joseph
State
Michigan
Longitude
-85.655
Latitude
41.9402
CBSA code
44780
CBSA name
STURGIS, MI MICROPOLITAN 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
$4,260
$331,600
$0.00
$331,600
-
$663,200
$0.00
$663,200
More about this property
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