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    PUNNER FRANZENE, Iron River, MI

    License ID: UPAR
    Years of Experience
    6
    Association
    Upper Peninsula Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (906) 265-9921
    Office Address:
    330 W Adams, Iron River, MI, 49935

    Property Types

    • Commercial Sale
    • Land

    Performance

    Listings
    5
    Total transactions
    123
    Total transactions amount
    $13M
    Price range
    $71k - 159k
    Average price
    $106k

    Listings

    For Sale (5)

    View map
    • $298,500
      20,000 SF

      Iron River Commercial Investment Opportunity

      Commercial building with rental income potential on 4.89-acre lot.
      3257 Us2, Iron River, MI 49935
      View Details
    • $55,000
      3.60 Acres

      Lakefront Land with Sunset Views

      3.6-acre wooded lot with 800+ feet of lake frontage.
      Tbd Wildwood Lk, Iron River, MI 49935
      View Details
    • $110,000
      29.60 Acres

      Land on Private Wildwood Lake

      29.60-acre lot with 433 feet of lake frontage.
      Tbd Wildwood, Iron River, MI 49935
      View Details
    • $139,900
      1.91 Acres

      Tamarack Lake Vacant Land Opportunity

      1.91-acre lot with 187' frontage on Tamarack Lake, Michigan.
      W Tamarack Lake Rd, Watersmeet, MI 49969
      View Details
    • New
      Contact for pricing
      1.19 Acres

      Wooded Residential Land in Iron River

      Buildable 1.19-acre wooded lot near in-town amenities.
      730 Coolidge Ave, Iron River, MI 49935
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    PUNNER FRANZENE, Iron River, MI
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    PUNNER FRANZENE, Iron River, MI
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