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    OFF-MARKET
    Land

    Hematite Twp 36008 Tbd Wests Rd, Crystal Falls, MI 49920

    320 ac lot
    Property ID
    Property summary
    AI-generated overview

    This expansive 320-acre commercial parcel presents a unique opportunity in Iron County, Michigan. Located near Crystal Falls, this property is ideal for various uses, including hunting, recreation, or long-term investment. Access is via a well-defined route from US-2 and US-141, following West Road and a snowmobile trail for approximately 5.25 miles. The property's remote location offers seclusion and tranquility, while still being relatively accessible. The asking price is $249,900. Detailed directions are as follows: From Iron River, travel east on US-2 to Crystal Falls. Turn left onto US-141, then left onto West Road. Proceed for 3 miles to a fork in the road; stay left and continue on the snowmobile trail for an additional 2.25 miles. This will place you on the western side of the furthest northwest forty acres of the property. The property is zoned for commercial use, offering flexibility for future development. Given its size and location, this land presents a compelling investment opportunity with significant potential for various ventures. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 320 ac (13,939,200 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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