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870 Labar Dr, Cassopolis, MI, 49031

--beds
0baths
--sqft
$1,381,680
--price/sqft
$9,081/moest. monthly cost
$363,240/yrincome needed

About This Home

CASSOPOLIS: 36.4 ACRES OF PURE Michigan POTENTIAL! Are you looking for the perfect canvas to build your legacy? Stop searching and start dreaming! We are offering 36.4 +/- acres in the heart of Cassopolis, Michigan, a town that isn't just growing-it's evolving. Diamond lake is located across M-60 and Stone Lake is a few miles to the West. Location & Innovation Cassopolis is currently executing a forward-focused Master Plan designed to supercharge housing development and job creation. When you invest here, you aren't just buying dirt; you're investing in a city dedicated to economic expansion. Near the Indiana State line and on a major travel route. Cassopolis Master Plan The Ultimate Investor Perk: OPPORTUNITY ZONE : This isn't just a great piece of land; it's a strategic financial move. Located within a Tax-Advantaged Opportunity Zone, this property offers incredible incentives that make your ROI look as good as the Michigan sunset. Ready to Build? The Infrastructure is ALREADY HERE: Cassopolis Permits / Forms / Contacts 3-Phase Power (Ready for industrial or heavy-duty use!) Municipal Sewer available Municipal Water available Road frontage available Your Vision, Your Way, With Optional smaller parcels can be surveyed to meet your needs Need the whole 36.4-acre spread for a major development? It's yours! Looking for something a bit more tailored down in acerage? Optional smaller parcels are available to meet your specific land needs and financial budget. Whether it's a housing complex, a commercial hub, or a custom industrial project-the potential here is limitless, and the "more potential" is just waiting for your touch. Parcel 1: 14-041-125-073-04 = 23.4+/- acres, Vacant Land SEV: $72,700 Taxable Amount 2025 = $1,129.58 Comercial Vacant Land Parcel 2: excluding building 13.0 +/- Acres, Vacant Land, Property will require a survey to divide the property. 14-041-125-073-03 Tax Information for the vacant land is unavailable. Please contact me the listing agent for this property for a private showing. Contact me with any comments or questions Dwayne MorrisMossy Oak Properties Michigan OutdoorsOffice: Cell:

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
4/10
Cassopolis Middle SchoolGrades 6-80.3 mi
5/10
Cassopolis High SchoolGrades 9-121.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 36.40 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather
Inland Flooding
Lightning

FEMA Declared Disasters in Cass County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,986$83,832
Home Insurance *$837$10,044
Property Taxes $1,070$12,840
Electricity $188$2,259
Total$9,081$108,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,348/yr
40% on housing$272,430/yr
45% on housing$242,160/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49031$435
Cass County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 49031$154
Cass County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-24Listed for sale$1,381,680

For Sale by Agent

AgentDwayne Morris
BrokerageMossy Oak Properties Michigan Outdoors

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