0 Tbd Gibbs City Rd, Iron River, MI 49935
This exceptional 80-acre commercial parcel presents a unique investment opportunity in Iron River, Michigan's scenic Upper Peninsula. Located at TBD Gibbs City Rd, with APN 004-008-022-00, this expansive property offers endless possibilities. Its prime location within the Northwoods provides a tranquil setting, ideal for a variety of commercial ventures. Imagine developing a recreational retreat, constructing a commercial building, or establishing a unique business capitalizing on the area's natural beauty. The land's size allows for ample space for development and expansion. Enjoy the proximity to numerous rivers, lakes, streams, and established snowmobile and UTV trails, adding significant recreational value. The property is situated in CFR, offering additional advantages. With its substantial acreage and desirable location, this property is poised for significant growth and return on investment. The asking price is $299,000. This is a rare opportunity to acquire a large tract of commercial land in a highly sought-after location. Don't miss out on this exceptional investment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.