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Van Buren 49079
39209 76th Avenue
$205,000
● Land - Off Market

39209 76th Avenue

Paw Paw, MI 49079
bedrooms
Studio
bathrooms
0 Bath
$205,994
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Beautiful high and dry 40 acres on the corner of 76th Ave and 39th Street with 2655 ft of road frontage. Endless possibilities with multiple potential build sites, excellent hunting and great land for recreation/trail riding. Old farm house on property that is likely a tear down and other structures/debris that needs to be removed. Must see property, schedule a time to walk the property and see the potential for yourself.
Unit Size
-
Days on Market
-
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$296
HOA Dues
-
Year Built
1834

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (MichRIC MLS #23001682)

Price History

Date / Event Date Event Price
Mar 23, 2023 Sold
Premium
Sold
Jan 17, 2023 Listed by Five Star Real Estate $199,900
Listed by Five Star Real Estate
Jan 13, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1834
  • Effective Year Built: 1834
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,706
  • Building Area: 1,706
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,706
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000040000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 120 10-4-14 710-362 NE 1/4 NW 1/4. 40 A.

Neighborhood

  • School District Name: Decatur Public Schools
  • School Tax School District: DECATUR
  • Census Tract: 011601

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 120
  • District: 08
  • Parcel: 80-08-010-015-00
  • Municipality: DECATUR TWP
  • Latitude: 42.1417
  • Longitude: -85.9287

    Address

  • Full Address: 39209 76th Ave
  • Address - House Number: 39209
  • Address - Street Name: 76th
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Paw Paw
  • Carrier Code: R001
  • 4-Digit Zip Code: 9705
  • Zip Code: 49079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,144
  • Tax Rate Code Area: 80080

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 217,053
  • High Value: 262,714
  • Low Value: 171,392

    Market Valuation

  • Market Total Value: $166,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3431480
  • Previous Sale Recording Date: Jan 13, 2015
  • Previous Sale Contract Date: Jan 13, 2015
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2049 ft²

Average Home Age

60.7 years

Currently For Sale

226 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Adam Atwood, Five Star Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23001682
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 39209 76th Avenue built and last sold?
The property at 39209 76th Avenue was built in 1834 and last sold on Mar 13, 2023 for $205,000.
How much is this home worth?
The estimated value of the home located at 39209 76th Avenue is $0.
What are some comparable homes to 39209 76th Avenue?
There are currently no comparable homes to 39209 76th Avenue.
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