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    Property profile & analytics

    15 Elm St Three Oaks, MI 49128-1121

    • Retail space
    • 1,400 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 10, 2020
    Location Intelligence
    Property ID
    US43-3428978
    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

    • Arbor3 Arts / Art Gallery
    • Sweet On Elm / Ice Cream Shop

    Property Details for 15 Elm St

    Lot size
    0.07 lot acres
    Property size
    1,400 SF
    Property type
    Retail space
    APN
    47-0340-0006-01-7
    APU
    4703400006017

    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 Oaks
    County
    Berrien
    State
    Michigan
    Longitude
    -86.6101
    Latitude
    41.8001
    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
    $4,258
    $0.00
    $0.00
    $120,000
    -
    $0.00
    $0.00
    $240,000

    Comparable in this City

    • Value Estimation by Request
      4,300 SF

      14 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 4,300 SF
      14 Elm St, Three Oaks, MI 49128-1118
      View Details
    • Value Estimation by Request
      3,996 SF

      24 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 3,996 SF
      24 Elm St, Three Oaks, MI 49128-1122
      View Details
    • Value Estimation by Request
      3,456 SF

      105 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 3,456 SF
      105 Elm St, Three Oaks, MI 49128-1119
      View Details
    • Value Estimation by Request
      29,586 SF

      2 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 29,586 SF
      2 Elm St, Three Oaks, MI 49128-1122
      View Details
    • Value Estimation by Request
      2,800 SF

      8 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      8 Maple St, Three Oaks, MI 49128-1131
      View Details
    • Value Estimation
      $60,000
      480 SF

      6936 Us Hwy 12

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      6936 Us Hwy 12, Three Oaks, MI 49128-9556
      View Details

    Similar Nearby for Sale

    • New
      $250,000
      7,500 SF

      Retail Opportunity in Three Oaks

      Two buildings in high-traffic area with retail and conversion potential.
      201-205 Nels Dr, Three Oaks, MI 49128
      View Details
    • $849,000
      Pending

      Versatile Commercial Property on US-12

      Expansive commercial property in Three Oaks, MI, with high visibility.
      6736 Us-12, Three Oaks, MI 49128
      View Details
    • New
      $348,500
      3,500 SF

      Historic US 12 Commercial Building

      1.6-acre parcel with 3,500 sq ft commercial building.
      4863 Us Highway 12, Three Oaks, MI 49128
      View Details
    • $779,000
      6,568 SF

      Versatile Property with Business Potential

      Unique property suitable for residential, commercial, or entrepreneurial ventures.
      15320 Three Oaks Rd, Three Oaks, MI 49128
      View Details
    • $90,000
      5,864 SF

      Retail/Office Space in Three Oaks

      Located in Three Oaks near retail, dining, and entertainment.
      4 W Linden St, Three Oaks, MI 49128
      View Details
    • $1,300,000

      Land For Sale

      Land available for sale.
      18216 S Schwark Rd, Three Oaks, MI 49128
      View Details
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    15 Elm St
    Three Oaks, MI 49128-1121
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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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