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    Property profile & analytics

    6298 Us-2 Bessemer, MI 49911

    • Retail space
    • 1,372 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2024
    Location Intelligence
    Property ID
    US43-3756176
    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

    • Retail space

    Property Details for 6298 Us-2

    Lot size
    1.98 lot acres
    Property size
    1,372 SF
    Property type
    Retail space
    APN
    01-20-703-100
    APU
    120703100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.0961
    Latitude
    46.4782

    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
    $823
    $4,950
    $11,043
    $15,993
    -
    $9,900
    $22,086
    $31,986

    Comparable in this City

    • Value Estimation by Request
      2,422 SF

      109 Mary St

      RETAIL STORES (PERSONAL SERVICES) • 2,422 SF
      109 Mary St, Bessemer, MI 49911-1425
      View Details
    • Value Estimation by Request
      2,396 SF

      410 Leather Gift St

      RETAIL STORES (PERSONAL SERVICES) • 2,396 SF
      410 Leather Gift St, Bessemer, MI 49911-1337
      View Details
    • Value Estimation by Request
      1,194 SF

      6327 Hwy 2nd 2

      RETAIL STORES (PERSONAL SERVICES) • 1,194 SF
      6327 Hwy 2nd 2, Bessemer, MI 49911
      View Details
    • Value Estimation
      $535,000
      9,850 SF

      421 Industrial Access Rd

      FINANCIAL BUILDING • 9,850 SF
      421 Industrial Access Rd, Bessemer, MI 49911-1726
      View Details
    • Value Estimation
      $355,000
      3,185 SF

      300 Sophie St

      FINANCIAL BUILDING • 3,185 SF
      300 Sophie St, Bessemer, MI 49911-1532
      View Details
    • Value Estimation by Request
      3,968 SF

      117 Lead St

      CONVENIENCE STORE • 3,968 SF
      117 Lead St, Bessemer, MI 49911-1405
      View Details

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      Bessemer Industrial Gem: 19,716 SF

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    6298 Us-2
    Bessemer, MI 49911
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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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