Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1491 Commerce St Ironwood, MI 49938

    • Manufacturing properties
    • 1,088 SF
    • 1.32 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Jan 15, 2025
    Location Intelligence
    Property ID
    US43-2832833
    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

    • Manufacturing properties

    Property Details for 1491 Commerce St

    Year built
    1988
    Lot size
    1.32 lot acres
    Property size
    1,088 SF
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    52-23-226-020
    APU
    5223226020

    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
    -90.1401
    Latitude
    46.4627

    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
    $1,943
    $2,640
    $28,024
    $30,664
    -
    $5,280
    $56,048
    $61,328

    Comparable in this City

    • Value Estimation
      $470,000
      19,200 SF

      1760 Liberty St, Unit 14

      MANUFACTURING (LIGHT) • 19,200 SF
      1760 Liberty St, Ironwood, MI 49938-1768
      View Details
    • Value Estimation
      $270,000
      5,700 SF

      403 Cloverland Dr

      MANUFACTURING (LIGHT) • 5,700 SF
      403 Cloverland Dr, Ironwood, MI 49938-1007
      View Details
    • Value Estimation
      $240,000
      2,400 SF

      1215 Wall St, Unit 14

      MANUFACTURING (LIGHT) • 2,400 SF
      1215 Wall St, Ironwood, MI 49938-1764
      View Details
    • Value Estimation by Request
      3,528 SF

      111 Lawrence St, Unit 20

      MANUFACTURING (LIGHT) • 3,528 SF
      111 Lawrence St, Ironwood, MI 49938-2521
      View Details
    • Value Estimation
      $210,000
      4,527 SF

      430 Cloverland Dr

      MANUFACTURING (LIGHT) • 4,527 SF
      430 Cloverland Dr, Ironwood, MI 49938-1310
      View Details
    • Value Estimation
      $335,000
      5.37 Acres

      1700 Iron King Rd

      MANUFACTURING (LIGHT) • 5.37 Acres
      1700 Iron King Rd, Ironwood, MI 49938-1765
      View Details

    Similar Nearby for Sale

    • $214,900
      2,700 SF

      Ironwood Industrial Office Building

      Three offices, high visibility, prime location.
      652 Cloverland Dr, Ironwood, MI 49938
      View Details
    • $159,000
      5,576 SF

      Ironwood Industrial Property - Hwy 2

      Former Hotel, Office, & Living Quarters - Huge Potential
      424 Cloverland Dr, Ironwood, MI 49938
      View Details
    • $249,900
      7,740 SF

      Downtown Ironwood Industrial Gem

      Historic building, huge potential, prime location.
      112 Lowell St, Ironwood, MI 49938
      View Details
    • $425,000
      10,800 SF

      Ironwood Industrial Corner Property

      Downtown Ironwood, MI - 10,800 sq ft
      101 Aurora St, Ironwood, MI 49938
      View Details
    • $199,900
      3,784 SF

      Ironwood Industrial Property - Prime Location

      High-traffic industrial building, ideal for various uses.
      1301 Cloverland Dr, Ironwood, MI 49938
      View Details
    • $475,000
      348.00 Acres

      348 Acres Hunting Retreat, Ironwood

      348 acres near Lake Superior with hunting lodges and outbuildings.
      348 Ac Black Riv, Ironwood, MI 49938
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1491 Commerce St
    Ironwood, MI 49938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.