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    Property profile & analytics

    1403 Cloverland Dr Ironwood, MI 49938-1719

    • Drive through restaurants
    • 1,664 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4070563
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Subway / Sandwich Shop / Caterer

    Property Details for 1403 Cloverland Dr

    Year built
    2001
    Lot size
    0.51 lot acres
    Property size
    1,664 SF
    Zone code
    C-3
    Property type
    Drive through restaurants
    APN
    52-23-201-020
    APU
    5223201020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.1437
    Latitude
    46.4629

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,101
    $27,003
    $98,547
    $125,550
    -
    $54,006
    $197,094
    $251,100

    Comparable in this City

    • Value Estimation
      $530,000
      4,309 SF

      337 Cloverland Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,309 SF
      337 Cloverland Dr, Ironwood, MI 49938-1307
      View Details
    • Value Estimation
      $535,000
      3,904 SF

      1410 Cloverland Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,904 SF
      1410 Cloverland Dr, Ironwood, MI 49938-1720
      View Details
    • Value Estimation
      $335,000
      220 SF

      517 Cloverland Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 220 SF
      517 Cloverland Dr, Ironwood, MI 49938-1401
      View Details
    • Value Estimation by Request
      3,607 SF

      304 Suffolk St

      BAR, TAVERN • 3,607 SF
      304 Suffolk St, Ironwood, MI 49938-2130
      View Details
    • Value Estimation by Request
      0.10 Acres

      116 Aurora St, Unit 16

      RESTAURANT • 0.10 Acres
      116 Aurora St, Ironwood, MI 49938-2532
      View Details
    • Value Estimation
      $115,000
      4,124 SF

      316 Houk St

      RESTAURANT • 4,124 SF
      316 Houk St, Ironwood, MI 49938-2855
      View Details

    Similar Nearby for Sale

    • $169,000
      5,576 SF

      Ironwood Restaurant Opportunity

      Prime Commercial Restaurant, 5,576 SF
      424 Cloverland Dr, Ironwood, MI 49938
      View Details
    • $204,900
      1,952 SF

      Turn-Key Restaurant Opportunity in Ironwood

      Operational restaurant with bar and patio near Powderhorn Ski Hill.
      N11582 Black River Rd, Ironwood, MI 49938
      View Details
    • $199,000
      1,600 SF

      Established Bakery in Downtown Ironwood

      Turnkey bakery business for sale in downtown Ironwood, Michigan.
      230 E Aurora St, Ironwood, MI 49938
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    • $579,000
      7,294 SF

      Log Home with Acreage

      7000+ sq ft log home with rental income.
      5964 E Us 2, Bessemer, MI 49938
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    • $117,900
      2,100 SF

      Downtown Ironwood Mixed-Use Investment

      Mixed-use property with commercial space and apartments in downtown Ironwood.
      122 W Aurora St, Ironwood, MI 49938
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    • $160,000
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      Commercial Building on US 2

      2700 sq ft commercial building on US 2.
      135 Cloverland Dr E, Ironwood, MI 49938
      View Details

    Property Visit Statistics

    • Visits by month
      4.5k
    • Visitors by month
      3.5k
    • Avg Time on site
      15 min
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    Ironwood, MI 49938-1719
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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