Property profile

260 Cloverland Dr Ironwood, MI 49938

OFF-MARKET
Motels
Property ID
US43-3635853
5,484 SF 2.03 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Total area 5,484 SF
Lot 2.03 ac (88,427 SF)
Zoning code C-3
APN 52-15-381-140
UPID US43-3635853

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
  • Grocery & Convenience Store

Location

260 Cloverland Dr Ironwood, MI 49938-1368
Ironwood metro Census 950600
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
$475k

Owner & transaction history

since 2021
Last sale
$450,000
1 recorded transaction
2021
$450,000

Zoning & alternative use

C-3 · Ironwood, MI

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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