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    OFF-MARKET
    Land

    0 Tbd Gibbs City Rd, Iron River, MI 49935

    80 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 80 ac (3,484,800 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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