Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    408 2nd St Ishpeming, MI 49849-1547

    • Commercial land
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2265233
    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

    • Commercial land

    Property Details for 408 2nd St

    Lot size
    0.03 lot acres
    Zone code
    GC
    Property type
    Commercial land
    APN
    52-51-250-067-00
    APU
    525125006700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ishpeming
    County
    Marquette
    State
    Michigan
    Longitude
    -87.6662
    Latitude
    46.4922
    CBSA code
    32100
    CBSA name
    MARQUETTE, MI MICROPOLITAN STATISTICAL AREA

    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
    2023
    $85
    $0.00
    $0.00
    $2,850
    -
    $0.00
    $0.00
    $5,700

    Comparable in this City

    • Value Estimation by Request
      3.61 Acres

      Ishpeming, MI 49849

      VACANT COMMERCIAL LAND • 3.61 Acres
      Ishpeming, MI 49849
      View Details
    • Value Estimation by Request
      3.21 Acres

      Ww Us41

      VACANT COMMERCIAL LAND • 3.21 Acres
      Ww Us41, Ishpeming, MI 49849
      View Details
    • Value Estimation by Request
      0.36 Acres

      Ishpeming, MI 49849

      VACANT COMMERCIAL LAND • 0.36 Acres
      Ishpeming, MI 49849
      View Details
    • Value Estimation by Request
      4.50 Acres

      Ishpeming, MI 49849

      VACANT COMMERCIAL LAND • 4.50 Acres
      Ishpeming, MI 49849
      View Details
    • Value Estimation by Request
      28.00 Acres

      Ww Us41

      VACANT COMMERCIAL LAND • 28.00 Acres
      Ww Us41, Ishpeming, MI 49849
      View Details
    • Value Estimation by Request
      0.07 Acres

      200 1st St

      VACANT COMMERCIAL LAND • 0.07 Acres
      200 1st St, Ishpeming, MI 49849-2002
      View Details

    Similar Nearby for Sale

    • $59,900

      Former Water Treatment Facility Land

      10-acre property with redevelopment potential in Ishpeming, Michigan.
      800 North Rd, Ishpeming, MI 49849
      View Details
    • $150,000
      21.00 Acres

      Prime Vacant Land on Highway

      20+ acre commercial land with highway frontage near Kwik Trip.
      Tbd Us-41, Ishpeming, MI 49849
      View Details
    • $215,000
      170.00 Acres

      Waterfront Land Near Ishpeming, MI

      170 acres of waterfront recreational land near Ishpeming, Michigan.
      170 Acres Off Cr 573, Ishpeming, MI 49849
      View Details
    • $699,900

      Ishpeming Restaurant & Real Estate

      Turnkey Italian Restaurant, Downtown Ishpeming
      207 Pearl St, Ishpeming, MI 49849-2023
      View Details
    • $90,000
      60.00 Acres

      60 Acres Hunting Land

      60-acre vacant land ideal for hunting enthusiasts.
      Tbd Sleepy Holw Rd, Ishpeming, MI 49849
      View Details
    • $90,000
      60.00 Acres

      60-Acre Hunting Land Parcel

      Vacant land ideal for hunting and outdoor adventures.
      Tbd Sleepy Holw, Ishpeming, MI 49849
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    408 2nd St
    Ishpeming, MI 49849-1547
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.