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Property profile & analytics
FOR SALE
Commercial real estate

40609 76Th St Covert, MI 49043

9.96 ac lot
Property ID
US43-2299597
Property summary
AI-generated overview

This exceptional 9.96-acre parcel in Covert, Michigan, presents a unique commercial opportunity. Located at 40609 76th St, Van Buren County, MI 49043 (APN 80-07-027-006-00), this property is zoned for residential use, offering significant potential for development. The land has been recently cleared, providing a blank slate for various commercial ventures. Priced at $99,900, the land value equates to approximately $10,031.53 per acre. Situated less than 15 minutes from Lake Michigan, the property benefits from a desirable location near recreational opportunities. While the property boasts ample space for a variety of projects, it's important to note that it has not yet undergone a survey or perc test. Buyers should conduct their own due diligence before purchase. This is an excellent chance to acquire a substantial land holding in a growing area with potential for diverse commercial applications. The property's proximity to Lake Michigan adds significant appeal and potential for future development. This is a rare opportunity to acquire a large parcel of land in a desirable location.

Property profile
Verified
Property type Commercial real estate
Lot 9.96 ac (433,858 SF)
APN 80-07-027-006-00
UPID US43-2299597
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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