40609 76Th St Covert, MI 49043
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.