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Property profile & analytics

8361 Broadbridge Rd Ira, MI 48023-2507

  • Office buildings
  • 23,093 SF
  • 10.96 lot acres
OFF-MARKET
Last Sale
Nov 24, 2021
$275,000
Value Estimations
$390,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-4559153
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 8361 Broadbridge Rd

Year built
1950
Lot size
10.96 lot acres
Property size
23,093 SF
Zone code
RS
Property type
Office buildings
APN
74-23-660-0018-000
APU
74236600018000

Description

This exceptional 23,093 square foot industrial property presents a unique redevelopment opportunity in Ira, MI. Situated on a generous 10.9-acre lot, the building boasts a prime location and significant potential for diverse uses. Previously utilized as Fair Haven Elementary School, the structure is fully brick with a good roof, offering a solid foundation for future projects. The property features three driveway entrances, ample parking, and remnants of recreational amenities including basketball hoops, a playscape, and several swing sets. While windows are currently boarded, the building's substantial size and layout provide a blank canvas for creative vision. The City of Ira has proactively modified zoning regulations to permit conversion and redevelopment into either condominiums or up to sixty single-family residential units, including the possibility of senior housing. This flexibility allows for a wide range of development scenarios, catering to various market demands and investment strategies. The substantial acreage provides ample space for expansion, landscaping, or additional structures, further enhancing the property's value and appeal. This is a rare chance to acquire a large-scale property with significant redevelopment potential in a growing community. Investors and developers seeking a high-impact project should act quickly to explore this exceptional opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $390,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Ira
County
St. Clair
State
Michigan
Longitude
-82.6429
Latitude
42.686
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,694
$0.00
$0.00
$169,700
-
$0.00
$0.00
$339,400
More about this property
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