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    Property profile & analytics

    565 Riverview Dr Benton Harbor, MI 49022-5017

    • Turn key restaurants
    • 4,510 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    May 02, 2023
    Location Intelligence
    Property ID
    US43-3792467
    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

    • Babe's Bar & Grill / Restaurant / Bar
    • ATM / Atm

    Property Details for 565 Riverview Dr

    Year built
    1965
    Property size
    4,510 SF
    Zone code
    DISTRICT D-2
    Property type
    Turn key restaurants
    APN
    51-0804-0003-00-1
    APU
    5108040003001

    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
    -86.4639
    Latitude
    42.1078
    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
    $4,726
    $0.00
    $0.00
    $159,700
    -
    $0.00
    $0.00
    $319,400

    Comparable in this City

    • Value Estimation by Request
      1,867 SF

      4840 Territorial Rd

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    • Value Estimation by Request
      516 SF

      1255 Pipestone Rd

      RESTAURANT • 516 SF
      1255 Pipestone Rd, Benton Harbor, MI 49022-3847
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      1,962 SF

      1940 M 139

      RESTAURANT • 1,962 SF
      1940 M 139, Benton Harbor, MI 49022-6106
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    • Value Estimation by Request
      1,931 SF

      225 Main St

      RESTAURANT • 1,931 SF
      225 Main St, Benton Harbor, MI 49022-4440
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      2,040 SF

      156 Fair Ave

      RESTAURANT • 2,040 SF
      156 Fair Ave, Benton Harbor, MI 49022-7217
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    • Value Estimation by Request
      1,800 SF

      610 Napier Ave

      RESTAURANT • 1,800 SF
      610 Napier Ave, Benton Harbor, MI 49022-5814
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,500 SF

      Vacant Restaurant in Benton Harbor

      Freestanding 8,500 SF vacant restaurant on 1.93 acres.
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    • $80,000
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      Versatile Commercial Property in Benton Harbor

      Commercial property with full kitchen, flexible space, and extra lot.
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    • $500,000
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      Commercial Acreage Near I-94 Exit

      1.5 commercial acres, ideal for business or restaurant near I-94.
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    • $110,000
      1,164 SF

      Mixed-Use Property in Benton Harbor

      Mixed-use property with vacant salon and leased residential unit.
      107 S Crystal Ave, Benton Harbor, MI 49022
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    • $329,000
      7,876 SF

      Established Auto Repair Shop

      Two-story commercial building suitable for various business types.
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      Advance Auto Parts For Sale

      NNN leased investment opportunity with over 7 years remaining.
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    Similar Nearby for Lease

    • $8 SF/Yr
      176,183 SF

      Pipestone Plaza: Retail & Office Space

      Benton Harbor, MI: Prime Retail/Office Opportunity
      1944 Pipestone Rd, Benton Harbor, MI 49022
      View Details
    • $9 SF/Yr
      Pending

      Commercial Space with Hoist Included

      Four-unit commercial building with high traffic and foot traffic.
      2004 M 139, Benton Harbor, MI 49022
      View Details
    • $6 SF/Yr
      18,000 SF

      Retail Space on M-139 Corridor

      Retail space with high traffic count and ample parking.
      756 E Napier Ave, Benton Harbor, MI 49022
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    • $4 SF/Yr
      10,750 SF

      Versatile Building in Benton Harbor

      10,000 SF building suitable for warehouse, retail, or service.
      315-323 E Main St, Benton Harbor, MI 49022
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    • $4 SF/Yr
      34,402 SF

      34,000 SF Retail Opportunity

      34,000 SF retail space on M-139 in Benton Harbor.
      2305 M 139, Benton Harbor, MI 49022
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    • Contact for pricing
      2,200 SF

      Benton Harbor Retail Space Available

      176,183 SF shopping center with national brand co-tenancy.
      1940-1980 Pipestone Rd, Benton Harbor, MI 49022
      View Details
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    565 Riverview Dr
    Benton Harbor, MI 49022-5017
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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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