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    Property profile & analytics

    N5905 Hwy Wallace, MI 49893

    • Commercial real estate
    • 4,900 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for N5905 Hwy

    Year built
    1900
    Lot size
    0.19 lot acres
    Property size
    4,900 SF
    Property type
    Commercial real estate

    Description

    Wallace Commercial Building - Highway 41

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wallace
    County
    MENOMINEE
    State
    Michigan
    Longitude
    -87.6139
    Latitude
    45.3263

    Comparable in this City

    • Value Estimation by Request
      3,364 SF

      6069th Us Hwy 41

      COMMERCIAL (GENERAL) • 3,364 SF
      6069th Us Hwy 41, Wallace, MI 49893-9385
      View Details
    • Value Estimation by Request
      1,056 SF

      County Rd G-08

      COMMERCIAL (GENERAL) • 1,056 SF
      County Rd G-08, Wallace, MI 49893
      View Details
    • Value Estimation by Request
      4,400 SF

      5774th G 8th Rd

      COMMERCIAL (GENERAL) • 4,400 SF
      5774th G 8th Rd, Wallace, MI 49893-9376
      View Details
    • Value Estimation by Request
      2,460 SF

      5717th Industrial Park

      COMMERCIAL (GENERAL) • 2,460 SF
      5717th Industrial Park, Wallace, MI 49893-9389
      View Details
    • Value Estimation
      $380,000
      6,370 SF

      5709th Smith St

      COMMERCIAL (GENERAL) • 6,370 SF
      5709th Smith St, Wallace, MI 49893
      View Details
    • Value Estimation
      $230,000
      2,010 SF

      5906th Us Hwy 41

      COMMERCIAL (GENERAL) • 2,010 SF
      5906th Us Hwy 41, Wallace, MI 49893
      View Details
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    N5905 Hwy
    Wallace, MI 49893
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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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