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    4931 N Bailey Rd Coral, MI 49322

    For Sale
    $75,000

    SINGLE_FAMILY - Coral, MI

    Type:Office
    Property size:
    10,000 SF
    Lot size:
    1.03 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 4931 N Bailey Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    59-013-141-001-01
    Size
    10,000 SF
    Lot size
    1.03 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Septic Tank
    Heating system
    Radiant, Baseboard, Hot Water(Heating)
    Water source
    Well

    Building Details

    Year built
    1937
    Number of units
    2
    Building materials
    Block, Concrete, Stone
    Roof type
    Metal

    Ensley Real Estate (616) 696-7653

    Listing agent Laura E Ensley (616) 293-5297

    Listing date Nov 26, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic School Building Redevelopment Opportunity

    This historic former school building, having served the community for decades and later converted into a private residence, now sits vacant and presents an opportunity for redevelopment. The solid structure features wide hallways and generously sized rooms, making it suitable for a multi-unit redevelopment. High ceilings, open layouts, and the original schoolhouse character provide a foundation for an apartment complex, senior housing, or mixed-use residential project. The property, situated on a 1.03-acre lot, offers privacy and space suitable for parking, green areas, or future expansion. The building has a size of 10000 square feet. This property delivers the flexibility and footprint needed to bring a bold vision to life.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Auto Repair Shop Bar & Pub Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.403424
    Latitude
    43.36614

    FAQs

    What type of property is this?
    Apartment building - Former school building suitable for multi-unit redevelopment.
    Where is this apartment building located?
    The property is located at 4931 N Bailey Rd Coral, MI.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Large institutional building suitable for multi-unit redevelopment, think apartment complex, senior housing, or mixed-use residential.; - Solid construction featuring block, concrete, and stone, with generous room sizes and high ceilings.; - Rare opportunity to reimagine a historic building into income-producing housing.
    (616) 293-5297
    Request Owner's contact information
    4931 N Bailey Rd Coral, MI 49322
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    Coral, MI 49322
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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
    4931 N Bailey Rd Coral, MI 49322
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