424 Cloverland Dr, Unit 27 Ironwood, MI 49938-1008
Property profile & analytics
424 Cloverland Dr, Unit 27 Ironwood, MI 49938-1008
- Commercial land
- 0.54 lot acres
Property ID
US43-3232209
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.
Location Intelligence
Current Use by Public Records
- Crestview Motel / Hotel & Motel
Property Details for 424 Cloverland Dr
- Lot size
- 0.54 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 52-16-482-030
- APU
- 5216482030
Description
This exceptional 5,576 square foot industrial property, situated on a desirable 0.54-acre lot in Ironwood, MI, presents a unique investment opportunity. Located directly on US Highway 2, this property boasts high visibility and convenient access. The main structure is a former hotel featuring twelve sizable rooms, several of which are exceptionally large and could easily be converted into suites or apartments for long-term rentals. An attached office building offers additional space and includes attached living quarters. Significant renovations have already been completed, including extensive electrical rewiring in both the hotel and the brick home. The office/living quarters features a brand-new roof and a substantial supply of new windows ready for installation. A convenient laundry/workshop area is located just off the office. The living quarters boast a spacious kitchen, an open-concept living/dining area, and a main floor bathroom. There are two main floor bedrooms and one upstairs. The foundation of both buildings is reported to be in excellent condition. Ample parking is available on the half-acre lot. This property is a prime candidate for redevelopment, offering significant potential for various commercial uses. The seller is offering short-term owner financing, making this an even more attractive proposition. This is a project that is well underway, offering a significant head start for the next owner.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Ironwood
- County
- Gogebic
- State
- Michigan
- Longitude
- -90.1791
- Latitude
- 46.4636
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
$407
$16,738
$0.00
$16,738
-
$33,476
$0.00
$33,476
