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    Property profile & analytics

    3405 Old 31 Berrien Springs, MI 49103

    • Retail properties
    • 1,656 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Last Sale
    Aug 10, 2021
    $170,000
    Location Intelligence
    Property ID
    US43-4055825
    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

    • Retail properties

    Property Details for 3405 Old 31

    Lot size
    1.50 lot acres
    Property size
    1,656 SF
    Property type
    Retail properties
    APN
    14-0005-0007-01-1
    APU
    1400050007011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berrien Springs
    County
    Berrien
    State
    Michigan
    Longitude
    -86.3036
    Latitude
    41.8968
    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
    $848
    $0.00
    $0.00
    $40,300
    -
    $0.00
    $0.00
    $80,600

    Comparable in this City

    • Value Estimation by Request
      4,200 SF

      111 Main St

      NURSERY, GREENHOUSE, FLORIST • 4,200 SF
      111 Main St, Berrien Springs, MI 49103-1156
      View Details
    • Value Estimation by Request
      4,460 SF

      9387 Old 31

      AUTO REPAIR, GARAGE • 4,460 SF
      9387 Old 31, Berrien Springs, MI 49103
      View Details
    • Value Estimation by Request
      1,892 SF

      123 Fry St

      WHOLESALE OUTLET, DISCOUNT STORE • 1,892 SF
      123 Fry St, Berrien Springs, MI 49103-1154
      View Details
    • Value Estimation by Request
      6,390 SF

      452 Fry St

      AUTO REPAIR, GARAGE • 6,390 SF
      452 Fry St, Berrien Springs, MI 49103-1111
      View Details
    • Value Estimation by Request
      9,836 SF

      8098 Kephart Ln

      GYM, HEALTH SPA • 9,836 SF
      8098 Kephart Ln, Berrien Springs, MI 49103
      View Details
    • Value Estimation
      $1,955,000
      2,852 SF

      616 Saint Joseph Ave

      CONVENIENCE STORE • 2,852 SF
      616 Saint Joseph Ave, Berrien Springs, MI 49103-1603
      View Details

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    3405 Old 31
    Berrien Springs, MI 49103
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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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