When was property at 54092 M 51 North built and last sold?

The property at 54092 M 51 North was built in and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 54092 M 51 North is $454,500.

What are some comparable homes to 54092 M 51 North?

There are currently no comparable homes to 54092 M 51 North.

Cass

49047

54092 M 51 N

Map

$450,000

↓ $125K (21.7%)

● Land - For Sale

54092 M 51 N

Dowagiac, MI 49047

Studio

0 Bath

$2,432

Est. Monthly

About This Property

Exceptional 24.56-acre development opportunity offering a rare combination of commercial and residential potential. This unique property consists of approximately 10 acres of commercial land, 9.56 acres of residential land, and 5 acres of vacant residential land, creating outstanding potential for developers, investors or those seeking a versatile investment.
The majority of the property has already been cleared, helping reduce site preparation costs while still offering the beauty and privacy of surrounding mature woods. A very large picturesque pond enhances the property's natural appeal, while its location adjacent to the Dowagiac Conservation Club offers a peaceful, natural setting with abundant wildlife and scenic surroundings along with outdoor recreation.
Whether you're planning a commercial venture, residential development, or a mixed use project, this property offers incredible possibilities in a desireable location. Prime for Development and Investment! COMMERCIAL (10 Acres )
Tax ID (14-130-025-003-00)

RESIDENTIAL (5 Acres)
Tax ID (14-130-025-005-00)

RESIDENTIAL (9.56 Acres)
Tax ID 14-130-025-007-00

Unit Size

Days on Market

129 days

Land Size

24.56 acres

Price per sqft

Property Type

Land

Property Taxes

$222

HOA Dues

Year Built

Listed By

The Brad VanderZwaag Team

[email protected]

West Edge Real Estate LLC

Payment Calculator

Cap Rate Calculator

Last updated: 8 days ago (MichRIC MLS #26033003)

Price History

Date / Event	Date	Event
Oct 30, 2026	Price Decreased	$450,000 ↓ $125K (21.7%)
Price Decreased
Aug 4, 2026	Price Decreased	$575,000 ↓ $125K (17.9%)
Price Decreased
Jun 30, 2026	Listed by Realty Executives Instant Equity	$700,000
Listed by Realty Executives Instant Equity

Property Highlights

Exterior Details

Waterfront Features: Pond, Stream

Lot Features: Cleared, Wooded, Adj to Public Land, Buildable, Building, Recreational, Tillable

Lot Size Area: 24.56

Lot Size Units: Acres

Lot Size Acres: 24.56

Lot Size Square Feet: 1069834

Lot Size Dimensions: Irr.

Water Source: Public

Financial Details

Tax Assessed Value: $15,230

Tax Annual Amount: $2,669

Utilities Details

Sewer : Public Sewer

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 416,434

Lot Size Frontage Feet: 0
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000009560
Standard Land Use Code: 1001
County Land Use Code: 401
Legal Description 1: 494-621 464-940 357-700 355F N 1/2 S 1/2 N 1/2 NE 1/4 NE 1/4, EX RT OF WAY OF HWY M-51 & SUBJ TO MICH GAS & ELEC CO RT OF

Neighborhood

School District Name: Dowagiac Union Schools

School Tax School District: DOWAGIAC UNION
Census Tract: 001901

Geography

District: 130

Parcel: 14-130-025-007-00
Municipality: SILVERCREEK TWP
Latitude: 42.0116
Longitude: -86.1099

Address

Full Address: 54092 M 51 N

Address - House Number: 54092
Street Segment Direction: N
Address - Street Name: M 51
State: MI
City Name: Dowagiac
Carrier Code: R002
4-Digit Zip Code: 9674
Zip Code: 49047

Valuation

Tax

Tax Year: 2023

Tax Amount: $43,467

Appraisal Valuation

Standard Deviation: 0.2671

Valuation Date: Dec 13, 2023
Confidence Score: 46
Final Value: 183,761
High Value: 232,847
Low Value: 134,674

Market Valuation

Market Total Value: $125,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $62,700

Exemptions

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

Average Home Size

1962 ft²

Average Home Age

60.6 years

Currently For Sale

164 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

Unit for rent at 105 Beeson Street, Dowagiac, MI, 49047

$1,700 /mo

2 Beds
1 Bath
1,200 ft²

105 Beeson Street #A, Dowagiac, MI, 49047 Listing by Matthew Money

Unit for rent at 113 S Front Street, Dowagiac, MI, 49047

$1,300 /mo

1 Bed
1 Bath
3,576 ft²

113 S Front Street #B, Dowagiac, MI, 49047 Listing by Matthew Money

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Listed by: Team Fee Real Estate, Realty Executives Instant Equity
Last Updated: 8 days ago
Data Source: MichRIC, MLS# 26033003

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.