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    930 Cloverland Dr Ironwood, MI 49938-1546
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    Property profile & analytics

    930 Cloverland Dr Ironwood, MI 49938-1546


    • Auto shops
    • 6,160 SF
    • 1.08 lot acres
    Off-Market
    Last Sale Aug 20, 2021
    Property ID
    US43-3935863
    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.

    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Computer Doctors / Computer & Electronic Repair

    Property Details for 930 Cloverland Dr

    Lot size
    1.08 lot acres
    Property size
    6,160 SF
    Zone code
    C-3
    Property type
    Auto shops
    APN
    52-14-361-070
    APU
    5214361070

    Description

    This exceptional commercial property, located at 930 E Cloverland Dr in Ironwood, Michigan (49938), presents a lucrative investment opportunity. The 5,400-6,160 square foot building, constructed in 2003, sits on a 1.08-acre lot and boasts a prime highway location on US-2, ensuring high visibility and accessibility. The property features four units, two currently occupied by long-term tenants. One unit is configured as an event center with a recently remodeled kitchen and dining area, easily adaptable to restaurant use. A smaller garage/storage area with an overhead door is located at the rear. All units benefit from ample paved parking and attractive vestibules. A large marquee sign provides excellent highway visibility, and the easternmost unit includes a drive-through service window. The property also includes a substantial parking lot and a separate outbuilding (available for separate sale). The building features central A/C and forced-air heating, along with amenities such as meeting rooms, public restrooms, and a cafe/kitchen. The property is zoned commercial and has 21 parking spaces. The asking price is $449,000, with a land value of $72-$83 per square foot. Utilities include natural gas. This property offers significant potential for rental income or owner-operator use. The APN is 52-14-361-070.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $360,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $723,000
      Market price range: $305k - $724k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $520,000
      Current use
      COMMERCIAL (GENERAL)
      $845,000
      Change: +63% Conversion: Moderate
      OFFICE BUILDING
      $715,000
      Change: +38% Conversion: Difficult
      RESTAURANT
      $655,000
      Change: +26% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $620,000
      Change: +19% Conversion: Easy
      RETAIL STORES
      $455,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.1533
    Latitude
    46.4638

    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
    $11,518
    $60,154
    $120,112
    $180,266
    -
    $120,308
    $240,224
    $360,532
    More about this property
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