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    Property profile & analytics

    E9340 Industrial Wetmore, MI 49895

    • Industrial properties
    • 2,400 SF
    • 2.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for E9340 Industrial

    Year built
    1990
    Lot size
    2.73 lot acres
    Property size
    2,400 SF
    Property type
    Industrial properties

    Description

    This 2,400 square foot industrial building is situated on a 2.73-acre lot within the Munising Township Industrial Park. The property features a 40x60 pole building with a convenient cement drive and pad, plus a 12x12 overhead garage door for easy access. Inside, the layout includes a substantial storage area, a dedicated office space, a functional kitchen, and a bathroom. A portion of the upper level offers additional space, ideal for storage or expansion. Heating is provided by a combination of a wood-burning stove and a ceiling-mounted gas heater, ensuring warmth throughout the year. The building benefits from a recently updated electrical panel and a reliable water supply connected to the road. The expansive lot size presents significant potential for future expansion or additional storage needs. The building is situated on land leased from the City of Munising

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wetmore
    County
    Alger
    State
    Michigan
    Longitude
    -86.6372
    Latitude
    46.1785

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      40.00 Acres

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      7419 Fed Frst Hwy 13th Hwy

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    E9340 Industrial
    Wetmore, MI 49895
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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.

    More about this property
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