Property profile

1500 Lowell St Ironwood, MI 49938

OFF-MARKET
Assisted living facilities
Property ID
US43-3040786
25,470 SF 2.09 ac lot Built 1970
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Total area 25,470 SF
Lot 2.09 ac (91,040 SF)
Zoning code R-1
APN 52-15-352-020
UPID US43-3040786

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Nursing Home
  • Nursing Home

Location

1500 Lowell St Ironwood, MI 49938-1249
Ironwood metro Census 950600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$830k

Owner & transaction history

Zoning & alternative use

R-1 · Ironwood, MI
Zoning description

The intent of the R-1 residential district is to provide a stable and sound family residential environment with its appropriately related level of urban utilities, facilities and services.

General category RESIDENTIAL

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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