Property profile

12390 Black Riv Rd Ironwood, MI 49938

OFF-MARKET
Hotels
Property ID
US43-3422332
8,521 SF 1.63 ac lot Built 1974
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1974
Total area 8,521 SF
Lot 1.63 ac (71,003 SF)
APN 03-00-120-800
UPID US43-3422332

Cap rate & NOI

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

Location

12390 Black Riv Rd Ironwood, MI 49938
Ironwood metro Census 950700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2023
Last sale
$300,000
1 recorded transaction
2023
$300,000

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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