Property profile

Hematite Twp 36008 Tbd Wests Rd Crystal Falls, MI 49920

OFF-MARKET
Land
320 ac lot
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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

Location

Hematite Twp 36008 Tbd Wests Rd Crystal Falls, MI 49920
Crystal Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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