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    Property profile & analytics

    Red Arrow Hwy Bridgman, MI 49106

    • Commercial land
    • 2.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 09, 2020
    $170,000
    Location Intelligence
    Property ID
    US43-3573405
    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 Red Arrow Hwy

    Lot size
    2.80 lot acres
    Zone code
    CC
    Property type
    Commercial land
    APN
    56-0019-0112-10-2
    APU
    5600190112102

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bridgman
    County
    Berrien
    State
    Michigan
    Longitude
    -86.5639
    Latitude
    41.9403
    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
    $1,577
    $0.00
    $0.00
    $59,300
    -
    $0.00
    $0.00
    $118,600

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Red Arrow Hwy

      VACANT COMMERCIAL LAND • 0.08 Acres
      Red Arrow Hwy, Bridgman, MI 49106
      View Details
    • Value Estimation by Request
      0.17 Acres

      Legion St

      VACANT COMMERCIAL LAND • 0.17 Acres
      Legion St, Bridgman, MI 49106
      View Details
    • Value Estimation by Request
      0.41 Acres

      Clark St

      VACANT COMMERCIAL LAND • 0.41 Acres
      Clark St, Bridgman, MI 49106
      View Details
    • Value Estimation by Request
      0.55 Acres

      Lk St

      VACANT COMMERCIAL LAND • 0.55 Acres
      Lk St, Bridgman, MI 49106
      View Details
    • Value Estimation by Request
      1.74 Acres

      Red Arrow Hwy

      VACANT COMMERCIAL LAND • 1.74 Acres
      Red Arrow Hwy, Bridgman, MI 49106
      View Details
    • Value Estimation by Request
      2.09 Acres

      Red Arrow Hwy

      VACANT COMMERCIAL LAND • 2.09 Acres
      Red Arrow Hwy, Bridgman, MI 49106
      View Details

    Similar Nearby for Sale

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    • $149,900
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      Bridgman Commercial Development Opportunity

      Two-acre commercial/industrial lot with high visibility near I-94.
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      Commercial Land in Prime Location

      1.1 acres of commercial land near Lake Michigan.
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      Bridgman Commercial Land - $225K

      Prime 2.09-acre commercial lot, ideal development.
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      Wooded Lot Near Lake Michigan

      Nearly one-acre wooded lot with deeded lake access.
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    Bridgman, MI 49106
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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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