30501 Blue Star Highway
About This Property
( Commercial Building) Make your appt today to view this property. Make it your own private Oasis or Develop the Land into a Great Investment with Outstanding Revenue.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Cressy & Everett Real Estate | $595,000 | |
| Listed by Cressy & Everett Real Estate | |||
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This is Pure Michigan! Prepare to be captivated by 55+ rolling acres of stunning beauty and tranquility! Nestled along historic Blue Star Highway, this hidden gem welcomes you with an unassuming entrance that leads to a picturesque meadow enveloped by lush green hills. Access to the sandy shores of Lake Michigan is less than one mile away at Covert State Park.
Property has an existing commercial building (with a bathroom with shower). There are endless uses for this space (even your personal storage building!).
Location conveniently located between South Haven and St. Joseph and close to all that Southwest Michigan has to offer . Don't miss this rare opportunity to claim your slice of paradise in undiscovered country. Come and experience the sheer awesomeness for yourself! See Video of the Property Here: https://youtu.be/Zr3-TBIf0BE?si=rmvjzA7Rxfst4vdm
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| Oct 20, 2021 | Listed by Castaway Realty LLC | $694,000 | |
| Listed by Castaway Realty LLC | |||
| Jan 20, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017