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    Property profile & analytics

    4863 Us Highway 12 Three Oaks, MI 49128

    • Bars
    • 3,676 SF
    • 1.63 lot acres
    For Sale
    View listing
    $348,500
    Value Estimation
    Location Intelligence
    Property ID
    US43-3167120
    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

    • Bars

    Property Details for 4863 Us Highway 12

    Lot size
    1.63 lot acres
    Property size
    3,676 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    09-0006-0006-02-1
    APU
    900060006021

    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
    -86.571
    Latitude
    41.7987
    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
    $2,267
    $0.00
    $0.00
    $111,800
    -
    $0.00
    $0.00
    $223,600

    Comparable in this City

    • Value Estimation by Request
      1,958 SF

      18 Elm St

      BAR, TAVERN • 1,958 SF
      18 Elm St, Three Oaks, MI 49128-1118
      View Details
    • Value Estimation by Request
      2,960 SF

      13 Elm St

      RESTAURANT • 2,960 SF
      13 Elm St, Three Oaks, MI 49128-1141
      View Details
    • Value Estimation by Request
      4,496 SF

      13982 Red Arrow Hwy

      RESTAURANT • 4,496 SF
      13982 Red Arrow Hwy, Three Oaks, MI 49128-9777
      View Details
    • Value Estimation
      $130,000
      2,000 SF

      28 Elm St

      RESTAURANT • 2,000 SF
      28 Elm St, Three Oaks, MI 49128-1118
      View Details
    • Value Estimation by Request
      1,233 SF

      300 Ash E St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,233 SF
      300 Ash E St, Three Oaks, MI 49128-1140
      View Details
    • Value Estimation by Request
      576 SF

      20 Elm St

      RESTAURANT • 576 SF
      20 Elm St, Three Oaks, MI 49128-1118
      View Details

    Similar Nearby for Sale

    • 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
    • $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
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    • $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
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    • $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
    • 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
    • $1,300,000

      Land For Sale

      Land available for sale.
      18216 S Schwark Rd, Three Oaks, MI 49128
      View Details
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    4863 Us Highway 12
    Three Oaks, MI 49128
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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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