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    Property profile & analytics

    416 Main St Watervliet, MI 49098-9741

    • Office buildings
    • 3,816 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3795974
    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

    • Drake Business / Tax Preparation Service

    Property Details for 416 Main St

    Year built
    1970
    Lot size
    0.55 lot acres
    Property size
    3,816 SF
    Zone code
    B-1
    Property type
    Office buildings
    APN
    78-0340-0028-00-8
    APU
    7803400028008

    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
    -86.2591
    Latitude
    42.1903
    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
    $4,597
    $0.00
    $0.00
    $109,000
    -
    $0.00
    $0.00
    $218,000

    Comparable in this City

    • Value Estimation by Request
      1,743 SF

      131 Main St

      OFFICE BUILDING • 1,743 SF
      131 Main St, Watervliet, MI 49098-9787
      View Details
    • Value Estimation by Request
      19,384 SF

      125 M 140

      OFFICE BUILDING • 19,384 SF
      125 M 140, Watervliet, MI 49098-9513
      View Details
    • Value Estimation by Request
      1,288 SF

      134 Main St

      OFFICE BUILDING • 1,288 SF
      134 Main St, Watervliet, MI 49098-9787
      View Details
    • Value Estimation by Request
      1,368 SF

      364 Main St

      OFFICE BUILDING • 1,368 SF
      364 Main St, Watervliet, MI 49098-9612
      View Details
    • Value Estimation by Request
      1,040 SF

      138 Main St

      OFFICE BUILDING • 1,040 SF
      138 Main St, Watervliet, MI 49098-9787
      View Details
    • Value Estimation by Request
      1,280 SF

      139 Main St

      OFFICE BUILDING • 1,280 SF
      139 Main St, Watervliet, MI 49098-9607
      View Details

    Similar Nearby for Sale

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      Main Street Retail/Office Opportunity

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      Watervliet Commercial Land For Sale

      14.91 acres of commercial land with I-94 exposure.
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      Watervliet Restaurant For Sale

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    Watervliet, MI 49098-9741
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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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