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    56968 Dailey Rd Dowagiac, MI 49047

    Sponsored
    For Sale
    $1,999,999

    10-acre campus; endless potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Discover a remarkable 10.96-acre property in Dowagiac, Michigan, currently configured as a school and dormitory. Priced at $1,999,999, this unique estate offers exceptional versatility. The main building, a stunning architectural design by Jan Utzon, features 27 dorm-style rooms, ideal for a variety of uses including an event center, senior living facility, or secure compound. On-site amenities include a well-equipped workout room and laundry facilities. A greenhouse adds a unique element, allowing for self-sufficient living and the cultivation of fresh produce. Located at 56968 Dailey Road, Cass County, MI 49047, this property presents an unparalleled opportunity to create something truly extraordinary. The expansive grounds and existing infrastructure provide a solid foundation for a wide range of development possibilities. This is a rare chance to acquire a significant property with exceptional character and potential. The property's size and existing features offer a compelling investment opportunity with significant upside. Don't miss this chance to transform this exceptional estate into your vision.

    Property Features for 56968 Dailey Rd

    General Information

    Property type
    Specialty properties
    Lot Size
    477,418 SF

    HighLights

    • $1,999,999 asking price.
    • 10.96‑acre lot in Dowagiac, MI.
    • Special purpose property, previously used as a school and dormitory.
    • Features 27 dorm‑style rooms, workout room, and laundry facilities.
    • Designed by renowned architect Jan Utzon.
    • Includes a greenhouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dowagiac
    County
    Cass
    State
    Michigan
    Longitude
    -86.0916378
    Latitude
    41.9707008

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    FAQs

    What type of property is this?
    Specialty property - 10-acre campus; endless potential
    Where is this specialty property located?
    The property is located at 56968 Dailey Rd Dowagiac, MI.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: $1,999,999 asking price.; 10.96-acre lot in Dowagiac, MI.; Special purpose property, previously used as a school and dormitory.
    Request Owner's contact information
    56968 Dailey Rd Dowagiac, MI 49047
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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
    56968 Dailey Rd Dowagiac, MI 49047
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