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    Property profile & analytics

    316 2nd Ave Iron River, MI 49935-1418

    • Office buildings
    • 2,352 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3147682
    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

    • Iron River Co-Op TV Antenna / Cable Company

    Property Details for 316 2nd Ave

    Lot size
    0.08 lot acres
    Property size
    2,352 SF
    Property type
    Office buildings
    APN
    054-123-009-00
    APU
    5412300900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iron River
    County
    Iron
    State
    Michigan
    Longitude
    -88.64
    Latitude
    46.0908

    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
    0
    $0.00
    $1,050
    $114,140
    $115,190
    -
    $2,100
    $228,280
    $230,380

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      305 2nd Ave

      OFFICE BUILDING • 2,400 SF
      305 2nd Ave, Iron River, MI 49935-1417
      View Details
    • Value Estimation by Request
      3,600 SF

      415 3rd Ave

      OFFICE BUILDING • 3,600 SF
      415 3rd Ave, Iron River, MI 49935-1423
      View Details
    • Value Estimation by Request
      2,016 SF

      111 Anderson Rd

      OFFICE BUILDING • 2,016 SF
      111 Anderson Rd, Iron River, MI 49935-8616
      View Details
    • Value Estimation by Request
      2,208 SF

      427 Cedar Ave

      OFFICE BUILDING • 2,208 SF
      427 Cedar Ave, Iron River, MI 49935-1507
      View Details
    • Value Estimation
      $385,000
      5,400 SF

      703 2nd Ave

      OFFICE BUILDING • 5,400 SF
      703 2nd Ave, Iron River, MI 49935-1451
      View Details
    • Value Estimation
      $395,000
      7,166 SF

      328 Genesee St

      OFFICE BUILDING • 7,166 SF
      328 Genesee St, Iron River, MI 49935-1354
      View Details

    Similar Nearby for Sale

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      1,200 SF

      Downtown Commercial Building For Sale

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    • $425,000
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      Iron River Office Building For Sale

      Office building with break room and public transportation access.
      402 Washington Ave, Iron River, MI 49935
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    • $139,500
      8,084 SF

      Historic Commercial Building, Iron River

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    • $120,000
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      5.62-acre lakefront lot on Little Maggie Lake, Michigan.
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    • $77,700
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      10 Acre Vacant Land Parcel

      10+ acre parcel near utilities and recreational trails.
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    • $295,000
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      Established Restaurant on Main Street

      Turnkey restaurant with high visibility and loyal customer base.
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      View Details
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    316 2nd Ave
    Iron River, MI 49935-1418
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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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