Property profile

4037 Us Hwy 2nd 2 Iron River, MI 49935

OFF-MARKET
Auto shops
Property ID
US43-3962380
4,776 SF 1.5 ac lot Built 2001
Individually Owned Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Total area 4,776 SF
Lot 1.5 ac (65,340 SF)
APN 004-027-019-00
UPID US43-3962380

Cap rate & NOI

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

Location

4037 Us Hwy 2nd 2 Iron River, MI 49935-7973
Iron River metro Census 300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$710k
Blend (final) Blend
$515k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $640,000 +25.9%
Retail stores $565,000 +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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