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    Property profile & analytics

    621 Us Hwy 131 Three Rivers, MI 49093-8831

    • Commercial land
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2022
    $452,500
    Location Intelligence
    Property ID
    US43-2229176
    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

    • Commercial land

    Property Details for 621 Us Hwy 131

    Lot size
    1.03 lot acres
    Property type
    Commercial land
    APN
    051-530-053-00
    APU
    5153005300

    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 Rivers
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.6508
    Latitude
    41.9359
    CBSA code
    44780
    CBSA name
    STURGIS, MI MICROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.44 Acres

      Three Rivers, MI 49093

      VACANT COMMERCIAL LAND • 1.44 Acres
      Three Rivers, MI 49093
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    • Value Estimation by Request
      1.71 Acres

      Three Rivers, MI 49093

      VACANT COMMERCIAL LAND • 1.71 Acres
      Three Rivers, MI 49093
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    • Value Estimation by Request
      0.60 Acres

      Three Rivers, MI 49093

      VACANT COMMERCIAL LAND • 0.60 Acres
      Three Rivers, MI 49093
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    • Value Estimation by Request
      2.21 Acres

      Broadway St

      VACANT COMMERCIAL LAND • 2.21 Acres
      Broadway St, Three Rivers, MI 49093
      View Details
    • Value Estimation by Request

      19576 Hoshel Rd

      VACANT COMMERCIAL LAND
      19576 Hoshel Rd, Three Rivers, MI 49093-9300
      View Details
    • Value Estimation by Request
      0.32 Acres

      504 Madison St

      VACANT COMMERCIAL LAND • 0.32 Acres
      504 Madison St, Three Rivers, MI 49093-1617
      View Details

    Similar Nearby for Sale

    • $88,000
      Pending

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      Commercial Land Near US-131

      Land with US-131 access, suitable for commercial development.
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    • $1,299,000
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      Expansive Commercial Land Opportunity

      Nearly 38 acres of commercial land with high visibility.
      60515 Us 131, Three Rivers, MI 49093
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      Cleared Commercial Lot For Sale

      High-traffic commercial lot with utilities in place, ready for development.
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    Similar Nearby for Lease

    • $6 SF/Yr

      Industrial Buildings with US-131 Frontage

      Two industrial buildings available for lease in Three Rivers, MI.
      111 Us-131, Three Rivers, MI 49093
      View Details
    • $8 SF/Yr
      26,205 SF

      Three Rivers Industrial Manufacturing Space

      26,205 SF Manufacturing Facility - Lease Available
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    • $17 SF/Yr
      2,000 SF

      Retail/Office Space on US HWY

      Prime location with great exposure on US HWY 131.
      736 S Us Highway 131, Three Rivers, MI 49093
      View Details
    • $16 SF/Yr
      1,200 SF

      Renovated Office Suite, Three Rivers

      Move-in ready office suite near downtown Three Rivers, Michigan.
      112 W Prutzman St Unit, Three Rivers, MI 49093
      View Details
    • New
      $12 SF/Yr
      4,000 SF

      Renovated Retail and Office Space

      Newly renovated retail and office spaces with high visibility.
      1100 N Main St, Three Rivers, MI 49093
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    • $12 SF/Yr
      3,975 SF

      Three Rivers Industrial Flex Space

      Prime Industrial Building, 3975 sq ft
      57582 Main St, Three Rivers, MI 49093
      View Details
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    621 Us Hwy 131
    Three Rivers, MI 49093-8831
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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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