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    1010 M-28 Marquette, MI 49855

    • Commercial real estate
    • 21,696 SF
    • 2.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1010 M-28

    Lot size
    2.01 lot acres
    Property size
    21,696 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents the America's Best Value Inn, a thriving 45-unit motel in Marquette, Michigan. Boasting 21,696 square feet across four buildings on a 2.01-acre lot, this property offers significant income potential. The inn underwent renovations in 2023 and 2024, ensuring modern amenities and guest comfort. The property features a mix of 40 motel rooms and five long-term rental units, plus on-site living quarters and a manager's suite. Its prime location on M-28 offers easy access to downtown Marquette, the North Country Trail, Chocolay River launches, and Ojibwa Casino. Nearby amenities include a health club, dining, banking, and shopping. The inn benefits from its proximity to Sawyer International Airport (20 miles) and caters to a diverse clientele drawn to Marquette's year-round outdoor recreational opportunities. The property is zoned commercial and offers potential for expansion. A recent appraisal is available. This fee-simple ownership presents a rare chance to acquire a well-established and updated motel in a desirable location. The property's strong performance and strategic location make it an attractive investment for discerning buyers. The buildings are two stories, built in various ages during the 1980s.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.3481
    Latitude
    46.4866

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    1010 M-28
    Marquette, MI 49855
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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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