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    Property profile & analytics

    650 Riverview Dr Parchment, MI 49004-1219

    • Industrial properties
    • 29.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 04, 2024
    Location Intelligence
    Property ID
    US43-0005103
    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

    • Industrial properties

    Property Details for 650 Riverview Dr

    Lot size
    29.60 lot acres
    Property type
    Industrial properties
    APN
    06-03-226-040
    APU
    603226040

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parchment
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.5718
    Latitude
    42.3309
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, 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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,080 SF

      2929 Burdick St

      INDUSTRIAL (GENERAL) • 4,080 SF
      2929 Burdick St, Kalamazoo, MI 49004
      View Details
    • Value Estimation by Request
      9,240 SF

      2829 Burdick St

      INDUSTRIAL (GENERAL) • 9,240 SF
      2829 Burdick St, Kalamazoo, MI 49004-3457
      View Details
    • Value Estimation by Request
      15,414 SF

      1950 Ravine Rd

      INDUSTRIAL (GENERAL) • 15,414 SF
      1950 Ravine Rd, Kalamazoo, MI 49004-3515
      View Details
    • Value Estimation by Request
      57.78 Acres

      2500 Ravine Rd

      INDUSTRIAL (GENERAL) • 57.78 Acres
      2500 Ravine Rd, Kalamazoo, MI 49004-3508
      View Details
    • Value Estimation by Request
      2,244 SF

      Mosel Ave

      INDUSTRIAL (GENERAL) • 2,244 SF
      Mosel Ave, Kalamazoo, MI 49004
      View Details
    • Value Estimation by Request
      2.30 Acres

      200 Wilson Ave

      INDUSTRIAL (GENERAL) • 2.30 Acres
      200 Wilson Ave, Parchment, MI 49004
      View Details

    Similar Nearby for Sale

    • $749,000
      17,228 SF

      Kalamazoo Industrial Property

      17,228 SF Warehouse/Distribution
      6190 Riverview Dr, Kalamazoo, MI 49004
      View Details
    • $309,000
      4,800 SF

      Kalamazoo Township Commercial Building

      Versatile 4,800 SF commercial building suitable for various uses.
      1620 Riverview Dr, Kalamazoo, MI 49004
      View Details
    • $500,000
      0.30 Acres

      Fully Occupied 8-Unit Apartment Building

      Solid brick, low-maintenance apartment building with strong rental history.
      114 E Thomas St, Kalamazoo, MI 49004
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    • $575,000
      137,255 SF

      Kalamazoo Greenhouse Facility on 6.69 Acres

      Multi-building property with greenhouses, residence, barn, and garage.
      3607 N Westnedge Ave, Kalamazoo, MI 49004
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    • $350,000
      270,000 SF

      Commercial Land Near Future Interchange

      Land with accessibility improvements planned for business and logistics.
      3006 Douglas Ave, Kalamazoo, MI 49004
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    • Contact for pricing
      0.81 Acres

      Kalamazoo Vacant Land For Sale

      0.81-acre residential lot suitable for building, with utilities available.
      5154 Beverly Ave, Kalamazoo, MI 49004
      View Details
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    650 Riverview Dr
    Parchment, MI 49004-1219
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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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