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    Property profile & analytics

    254 Colfax Ave Benton Harbor, MI 49022-4747

    • Office buildings
    • 2,560 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 24, 2020
    Location Intelligence
    Property ID
    US43-3872456
    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

    • Southwestern Michigan Labor / Labor Union
    • UAW Local 1972 / Labor Union

    Property Details for 254 Colfax Ave

    Year built
    1987
    Lot size
    0.09 lot acres
    Property size
    2,560 SF
    Zone code
    DISTRICT E
    Property type
    Office buildings
    APN
    51-4500-0014-01-1
    APU
    5145000014011

    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
    -86.4565
    Latitude
    42.1132
    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
    $3,283
    $0.00
    $0.00
    $47,300
    -
    $0.00
    $0.00
    $94,600

    Comparable in this City

    • Value Estimation by Request
      7,810 SF

      91 Hinkley St

      OFFICE BUILDING • 7,810 SF
      91 Hinkley St, Benton Harbor, MI 49022-3629
      View Details
    • Value Estimation by Request
      34,384 SF

      330 Main St, Unit 48

      OFFICE BUILDING • 34,384 SF
      330 Main St, Benton Harbor, MI 49022-3658
      View Details
    • Value Estimation by Request
      3,125 SF

      307 Colfax Ave

      OFFICE BUILDING • 3,125 SF
      307 Colfax Ave, Benton Harbor, MI 49022-4706
      View Details
    • Value Estimation by Request
      47,356 SF

      250 Main St

      OFFICE BUILDING • 47,356 SF
      250 Main St, Benton Harbor, MI 49022-3632
      View Details
    • Value Estimation by Request
      24,800 SF

      133 Main St

      OFFICE BUILDING • 24,800 SF
      133 Main St, Benton Harbor, MI 49022-3607
      View Details
    • Value Estimation by Request
      12,020 SF

      860 Main St, Unit 3

      OFFICE BUILDING • 12,020 SF
      860 Main St, Benton Harbor, MI 49022-3074
      View Details

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    Similar Nearby for Lease

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      Retail space with high traffic count and ample parking.
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    254 Colfax Ave
    Benton Harbor, MI 49022-4747
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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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