W8159 Us2 Iron Mountain, MI 49801
This exceptional 13,300-square-foot retail space, located at W8159 US2 #203 in Iron Mountain, Michigan, presents a unique opportunity for a single-tenant build-to-suit project. Situated on a 4.45-acre lot, this property boasts excellent visibility and is ideally positioned near other major retailers, ensuring high traffic and exposure. The building, constructed in 2008, is a single-story structure with no elevators. Utilities are available, including power. The property is zoned for commercial use and features a total of 13,300 square feet of vacant space, offering significant potential for customization to meet specific business needs. The parcel's APN is 00200500220, and it's located in Dickinson County, MI, zip code 49801. The lease terms are triple net, with a monthly rent of $11,859.17, translating to a rate of $10.70 per square foot. This prime location and flexible space make this an ideal investment for businesses seeking high visibility and a strong presence in a thriving commercial area. The property is ready for immediate development.
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
Similar Nearby for Lease
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.