Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    5368 Egner Street NE Cedar Springs, MI 49319

    View on Map
    Claim this Listing
    New
    For Sale
    $150,000

    LAND - Cedar Springs, MI

    Lot size:
    6.70 Acres
    Added:
    May 5, 2026
    Days on Market:
    4
    Last Refresh:
    May 8 at 3:06 am

    Property Features for 5368 Egner Street NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    41-03-18-400-028
    Lot size
    6.70 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    E 330 FT OF W 1155 FT OF N 1/2 SE 1/4 EX S 396 FT & EX N 200 FT OF W 90 FT THEREOF * SEC 18 T10N R10W 6.59 A.
    Tax Annual Amount
    1608

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Patrick J Ensley

    Listing agent Patrick J Ensley

    Listing office Ensley Real Estate 71 N Main Street, Cedar Springs, MI

    Listing date May 5, 2026

    MLS# 26019936 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Buildable property in a peaceful, private setting.
    • EGLE‑permitted pond (60x100 approx.) ready to be dug.
    • Two pole barns provide excellent storage and utility space.
    • Located minutes from Cedar Springs.
    • Scenic parcel with beautiful tall pines.
    • Cable Available

    Overview

    Scenic Land Parcel with Pond

    This 6.7-acre parcel, located minutes from Cedar Springs, Michigan, offers a setting for building a home. The property features tall pines and includes an EGLE-permitted pond, approximately 60x100, ready to be dug. Two pole barns are present, providing storage and utility space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Storage Facility HVAC Service Bar & Pub Daycare Center Wine and Liquor Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Springs
    County
    Kent
    State
    Michigan
    Longitude
    -85.5375079
    Latitude
    43.2561128

    Nearby Similar for Sale

    • $830,000
      8,220 SF

      Versatile Retail/Industrial Building For Sale

      Retail/industrial building with warehouse space and recent updates.
      326 N Main Street NE, Cedar Springs, MI 49319
      View Details
    • $1,500,000
      16,352 SF

      Commercial Building Near New Development

      Commercial building on 2.67 acres near upcoming apartment complex.
      14301 White Creek Avenue NE, Cedar Springs, MI 49319
      View Details
    • $89,000
      2,660 SF

      Cedar Springs Commercial Building Opportunity

      Commercial building in Cedar Springs with redevelopment potential.
      28 S Main NE, Cedar Springs, MI 49319
      View Details
    • $300,000

      Commercial Land in Growing Area

      1.2 acres of commercial land near 131 Expressway.
      14300 White Creek Avenue NE lot: C, Cedar Springs, MI 49319
      View Details
    • $300,000

      Commercial Land in Growing Area

      1.2 acres of commercial land near 131 Expressway.
      14300 White Creek Avenue NE lot: B, Cedar Springs, MI 49319
      View Details
    • $350,000

      Commercial Land in Growing Area

      1.75 acre commercial property near 131 Expressway.
      14300 White Creek Avenue NE lot: A, Cedar Springs, MI 49319
      View Details
    • $350,000

      Commercial Land Near Expressway

      1.75 acre commercial property in growing area.
      14300 White Creek Avenue NE lot: E, Cedar Springs, MI 49319
      View Details
    • $350,000

      Commercial Land Near Major Retailers

      2.41 acre commercial land parcel near ALDI's and Meijer.
      14115 Edgerton Avenue NE, Cedar Springs, MI 49319
      View Details
    • $300,000

      Commercial Land in Growing Area

      1.2 acres of commercial land near 131 Expressway.
      14300 White Creek Avenue NE lot: D, Cedar Springs, MI 49319
      View Details
    • $599,900
      6 SF

      RV Repair Business Opportunity

      Commercial property currently used for RV repair business for sale.
      12035 Northland Drive NE, Cedar Springs, MI 49319
      View Details
    • $74,900

      Wooded Land in Cedar Springs

      2.03 acre wooded parcel for custom home building.
      6940 19 Mile Road NE, Cedar Springs, MI 49319
      View Details
    • $89,000

      Spacious Land with Garage

      1.22 acres with garage, well, and natural gas.
      14129 Ritchie Avenue NE, Cedar Springs, MI 49319
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Buildable land near Cedar Springs with EGLE-permitted pond and barns.
    Where is this residential land & home lot located?
    The property is located at 5368 Egner Street NE Cedar Springs, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Buildable property in a peaceful, private setting.; EGLE‑permitted pond (60x100 approx.) ready to be dug.; Two pole barns provide excellent storage and utility space.
    (616) 299-3933
    We can help!
    Listing Contact
    Patrick J Ensley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5368 Egner Street NE, Cedar Springs, MI 49319
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!