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    510 W Gilbert St Leroy, MI 49655

    For Sale
    $495,000

    farm/ranch - LEROY, MI

    Type:Farm
    Property size:
    2,432 SF
    Lot size:
    16.80 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 510 W Gilbert St

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    Interior features
    DOUBLE, WOOD FLOORS INSULATED, CEILING FANS, CENTRAL AIR, CEILING FANS, DISHWASHER, RANGE, VINYL, DECK, DRYER, REFRIGERATOR, WASHER, CENTRAL AIR, CEILING FANS
    Size
    2,432 SF
    Lot size
    16.80 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas, Other (Heating), Wood (Heating)

    Building Details

    Roof type
    Metal
    Architectural style
    Ranch

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Caitlin Anderson (231) 526-1100

    Listing date Oct 23, 2025

    MLS# 476878 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt 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

    Farmhouse on 16+ Acres

    This updated farmhouse features 5 bedrooms and 3 bathrooms on over 16 acres. The property includes a 2-car heated garage and is currently used as a working farm. The home is located a short drive from town and within walking distance of the elementary school. The interior features a kitchen sink, a main-floor primary suite, whitewashed ceilings, a canning kitchen, a library, and a large office space. A new open staircase has been installed. The property is suitable for a large family or as a retreat with room for visitors. The property includes an orchard with mixed fruit-bearing trees, including apple, pear, and cherry trees. A 30x50 garden surrounded by an electric fence contains blackberries, raspberries, strawberries, blueberries, and asparagus. The property also includes a barn suitable for livestock, a pole building, and a chicken coop. The home is 2432 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath Auto Parts Store Bar & Pub Garden Center Furniture Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leroy
    County
    Osceola
    State
    Michigan
    Longitude
    -85.462887
    Latitude
    44.038277

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    • $125,000
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      Prime Leroy Commercial Space

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    FAQs

    What type of property is this?
    Farm - Classic farmhouse with modern updates on over 16 acres.
    Where is this farm located?
    The property is located at 510 W Gilbert St Leroy, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - 16+ acre working farm featuring a barn, pole building, and chicken coop.; - 5-bedroom, 3-bath farmhouse with Joanna Gaines-inspired updates.; - Enjoy a fruit orchard and a 30x50 garden with electric fence and various berries/asparagus.
    (231) 526-1100
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    Leroy, MI 49655
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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
    510 W Gilbert St Leroy, MI 49655
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