For Sale
54092 M 51 N, Dowagiac, MI 49047
$700,000
MLS # 26033003 (Michigan Regional Information Center (MichRIC))
24.56 acres
1 / 18
Listing Description
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!
Source: SparkMLS
About this home
Asking $700,000.
Annual property taxes run approximately $2,669 ($222/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by City of Dowagiac; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeLand
Property SubtypeAcreage
Bathrooms0
Lot Size24.56 acres
Location
CityDowagiac
MunicipalitySilver Creek Twp
Zip Code49047
CountyCass
School DistrictDowagiac
Construction & Systems
WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Electricity Connected
Sale & Financing
Listed6/30/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,669
Tax Year2025
Assessed Value$15,230
Parcel #14-130-025-005-00
Source: SparkMLS
Legal Description
Per Title Commitment
Property Records
FEMA Flood Zone: Zone A — 100-year floodplain (no base flood elevation)
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Team Fee Real Estate
Realty Executives Instant Equity
Frequently Asked Questions about 54092 M 51 N, Dowagiac, MI 49047
Which school district serves 54092 M 51 N, Dowagiac, MI 49047?
Per MLS# 26033003, 54092 M 51 N, Dowagiac, MI 49047 is in the Dowagiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dowagiac directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26033003, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 54092 M 51 N, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $2,669 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 54092 M 51 N, Dowagiac, MI 49047 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 54092 M 51 N, Dowagiac, MI 49047 in a flood zone?
Per FEMA flood maps, this property is designated as Zone A, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 54092 M 51 N, Dowagiac, MI 49047?
Per Michigan Public Service Commission service territory data: Electric: City of Dowagiac. Gas: SEMCO Energy Gas Company. Sewer: Public Sewer. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Silver Creek Twp police department or the Cass County sheriff's office.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,540
Principal & interest$4,540
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
City of Dowagiac
Municipal
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
54092 M 51 N, Dowagiac, MI 49047
View full property history →
Municipality
Dowagiac
View all listings →
Get email alerts for new listings near 54092 M 51 N
We'll notify you when something hits the market in Dowagiac or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.