Property profile

1531 Adams St Iron River, MI 49935

OFF-MARKET
Automotive properties
Property ID
US43-2742027
10,816 SF 6.89 ac lot Built 1977
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1977
Total area 10,816 SF
Lot 6.89 ac (300,128 SF)
APN 054-026-049-00
UPID US43-2742027

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
  • Electric Vehicle Charging Station
  • Car Dealership
  • Car Dealership

Location

1531 Adams St Iron River, MI 49935-1266
Iron River metro Census 300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.5M +32.4%
Commercial (general) $1.4M +25.9%
Retail stores $1.3M +11.1%

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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