Property profile

0 Us2/141 Iron Mountain, MI 49801

OFF-MARKET
Land
1.78 ac lot
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Property summary

AI-generated overview

This exceptional 1.78-acre commercial land parcel in Iron Mountain, Michigan, presents a prime opportunity for development. Located on TBD N US2/141, zip code 49801, this property boasts unparalleled visibility and convenient access to US Highway 2. The site is zoned for commercial use and is already equipped with essential infrastructure, including a pre-existing parking lot, lighting, utilities, and a curb cut directly onto the highway. Detailed site plans allow for the construction of a building ranging from 16,000 to 18,000 square feet, incorporating a thoughtfully designed stormwater retention system. The asking price for this ready-to-build lot is $390,000. Its strategic location and existing infrastructure make it ideal for a variety of commercial ventures, offering immediate construction potential and a significant return on investment. This Dickinson County property is privately owned and presents a rare opportunity to establish a thriving business in a high-traffic area. Don't miss this chance to secure a prime commercial location in a growing market. Contact us today to learn more.

Property profile

Verified
Property type Land
Lot 1.78 ac (77,537 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us2/141 Iron Mountain, MI 49801
Iron Mountain metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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