Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cassopolis Commercial Property on 15 Acres Title is generated by Realmo AI

    64016 M 62, Cassopolis, MI 49031

    View on Map
    Claim this Listing
    For Sale
    $225,000

    COMMERCIAL - Cassopolis, MI

    Property size:
    3,300 SF
    Lot size:
    14.87 Acres
    Price / SF:
    $68/SF
    Added:
    Aug 4, 2025
    Days on Market:
    291
    Last Refresh:
    May 21 at 11:06 am

    Property Features for 64016 M 62

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking
    50
    Standard status
    Active
    APN
    14-030-014-184-00
    Size
    3,300 SF
    Lot size
    14.87 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    See Listing Agreement Addendum for Long Legal

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    1
    Building materials
    Vinyl Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Diane T Bennett
    Diane T Bennett

    Listing agent Diane T Bennett License #RB14044153

    Listing office Inspired Homes, LLC 22139 Curtis Drive, Edwardsburg, MI

    Listing date Aug 4, 2025

    MLS# 25038851

    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

    • Large 3300 sq ft building on 15 acres
    • Includes all furnishings, audio/visual equipment, and lawn equipment with a full‑price offer
    • Versatile space suitable for various uses (ministry, non‑profit, event space, etc.)
    • Convenient location: short drive to downtown Cassopolis and Diamond Lake
    • Equipped with central air and forced air heating
    • Metal roof

    Overview

    This commercial property features a 3300 square foot building situated on 14.87 acres. Located a short drive from downtown Cassopolis and Diamond Lake, the property is currently used as Christ Church of the Word. The space is suitable for various purposes, including a ministry, not-for-profit organization, or event space. Alternative uses could include a gun range. All furnishings, audio/visual equipment, and lawn equipment are included with a full price offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Real Estate Agency Dental Office Auto Repair Shop Department Store Nursing Home Storage Facility Travel Agency Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cassopolis
    County
    Cass
    State
    Michigan
    Longitude
    -86.0104836
    Latitude
    41.8877483

    Nearby Similar for Sale

    • $585,000
      4,000 SF

      Retail Property in Cassopolis, MI

      Retail space available for sale in Cassopolis, Michigan.
      988 E State Street, Cassopolis, MI 49031
      View Details
    • $350,000
      8,048 SF

      Former Bank Facility in Cassopolis

      8,048 SF former bank facility on 0.85 acres.
      116 S Broadway Street, Cassopolis, MI 49031
      View Details
    • $449,900
      9,064 SF

      Mixed-Use Building in Downtown Cassopolis

      Historic mixed-use property with income potential in downtown Cassopolis.
      105 N Broadway Street, Cassopolis, MI 49031
      View Details
    • $980,000
      10,000 SF

      Freestanding Office Building in Cassopolis

      Well-maintained 10,000 SF office building near government offices.
      60267 Century Drive, Cassopolis, MI 49031
      View Details
    • $350,000
      8,048 SF

      Former Bank Facility in Cassopolis

      Two-building former bank facility with drive-thru on 0.85 acres.
      116 S Broadway St, Cassopolis, MI 49031
      View Details
    • $525,000
      8,000 SF

      Cassopolis Commercial Property For Sale

      8,000 SF commercial property on 1.2 acres in Cassopolis.
      986 E State Street, Cassopolis, MI 49031
      View Details
    • $849,900
      4,360 SF

      Turnkey Retreat Near Stone Lake

      Fully furnished, income-producing property near Stone Lake with deeded access.
      23549 Forest Shores Dr, Cassopolis, MI 49031
      View Details
    • $350,000
      1,200 SF

      Established Business in Prime Location

      Thriving pool and spa business with loyal clientele.
      206 E State Street, Cassopolis Village, MI 49031
      View Details
    • $179,900

      Updated Commercial Building in Cassopolis

      Commercial building in Cassopolis, ready for a new owner.
      116 Spencer Rd, Cassopolis, MI, 49031-9771
      View Details
    • $2,590,000
      2,112 SF

      Equestrian Ranch with Rolling Pastures

      112-acre equestrian ranch featuring barns, trails, and updated farmhouse.
      3223 Dunning Street, Cassopolis, MI 49031
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - 3300 SF building on 15 acres near downtown Cassopolis.
    Where is this church & religious facility located?
    The property is located at 64016 M 62 Cassopolis, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Large 3300 sq ft building on 15 acres; Includes all furnishings, audio/visual equipment, and lawn equipment with a full‑price offer; Versatile space suitable for various uses (ministry, non‑profit, event space, etc.)
    (269) 357-7371
    We can help!
    Listing Contact
    Diane T Bennett
    Diane T Bennett
    Real Estate License ID: RB14044153
    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
    64016 M 62, Cassopolis, MI 49031
    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!