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    Property profile & analytics

    305 Main St Watervliet, MI 49098-9608

    • Drive through restaurants
    • 2,036 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3129257
    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

    • Saylor's Main Street Pizzeria / Pizza Restaurant / Delivery Restaurant

    Property Details for 305 Main St

    Lot size
    0.13 lot acres
    Property size
    2,036 SF
    Zone code
    B-1
    Property type
    Drive through restaurants
    APN
    78-0340-0016-00-0
    APU
    7803400016000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watervliet
    County
    Berrien
    State
    Michigan
    Longitude
    -86.2607
    Latitude
    42.1882
    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
    $3,550
    $0.00
    $0.00
    $64,600
    -
    $0.00
    $0.00
    $129,200

    Comparable in this City

    • Value Estimation by Request
      2,624 SF

      714 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,624 SF
      714 Main St, Watervliet, MI 49098-9537
      View Details
    • Value Estimation by Request
      1,540 SF

      712 M 140

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,540 SF
      712 M 140, Watervliet, MI 49098-9575
      View Details
    • Value Estimation by Request
      2,800 SF

      620 Main St

      Restaurants • 2,800 SF
      620 Main St, Watervliet, MI 49098
      View Details
    • Value Estimation by Request
      2,819 SF

      315 Main St

      RESTAURANT • 2,819 SF
      315 Main St, Watervliet, MI 49098-9608
      View Details
    • Value Estimation by Request
      1,384 SF

      620 M 140

      RESTAURANT • 1,384 SF
      620 M 140, Watervliet, MI 49098-8524
      View Details
    • Value Estimation by Request
      3,635 SF

      365 Main St

      BAR, TAVERN • 3,635 SF
      365 Main St, Watervliet, MI 49098-9612
      View Details

    Similar Nearby for Sale

    • $2,477,679
      2,800 SF

      Watervliet Restaurant For Sale

      Freestanding restaurant property with a long-term triple net lease.
      620 N M 140, Watervliet, MI 49098
      View Details
    • $1,900,000

      Adult-Use Provisioning Center Opportunity

      Adult-Use Retail License and Leasehold Rights for sale.
      8277 Arnt Blvd, Watervliet, MI 49098
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    • $249,500
      1,680 SF

      Main Street Retail/Office Opportunity

      Retail/office space with living quarters in high-traffic area.
      4875 N Watervliet Rd, Watervliet, MI 49098
      View Details
    • New
      $514,000
      4,200 SF

      Established Auto Repair Shop For Sale

      Long-standing auto shop with excellent location and business opportunity.
      233 N M 140, Watervliet, MI 49098
      View Details
    • $800,000

      Bainbridge Township Vineyard with Barn

      33-acre vineyard with apple orchards, ponds, and unique barn home.
      1955 Angling Rd, Watervliet, MI 49098
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    • $92,500

      Watervliet Township Recreational Land

      18.5 acres of wooded land for hunting and recreation.
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      View Details
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    Watervliet, MI 49098-9608
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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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