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    Property profile & analytics

    Norway, MI 49870

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1994017
    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

    Property type
    Commercial land
    APN
    053-478-058-10
    APU
    5347805810

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norway
    County
    Dickinson
    State
    Michigan
    Longitude
    -87.9133
    Latitude
    45.7845
    CBSA code
    27020
    CBSA name
    IRON MOUNTAIN, MI-WI 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
    0
    $0.00
    $1,200
    $0.00
    $1,200
    -
    $2,400
    $0.00
    $2,400

    Comparable in this City

    • Value Estimation by Request

      1825 Hwy Us-2

      VACANT COMMERCIAL LAND
      1825 Hwy Us-2, Norway, MI 49870
      View Details
    • Value Estimation by Request
      0.24 Acres

      621 Main St

      VACANT COMMERCIAL LAND • 0.24 Acres
      621 Main St, Norway, MI 49870-1245
      View Details
    • Value Estimation by Request

      Norway, MI 49870

      VACANT COMMERCIAL LAND
      Norway, MI 49870
      View Details
    • Value Estimation by Request
      0.84 Acres

      6507 Us Hwy 2nd 2

      VACANT COMMERCIAL LAND • 0.84 Acres
      6507 Us Hwy 2nd 2, Norway, MI 49870
      View Details
    • Value Estimation by Request
      1.23 Acres

      Norway, MI 49870

      VACANT COMMERCIAL LAND • 1.23 Acres
      Norway, MI 49870
      View Details
    • Value Estimation by Request
      1.93 Acres

      Norway, MI 49870

      VACANT COMMERCIAL LAND • 1.93 Acres
      Norway, MI 49870
      View Details

    Similar Nearby for Sale

    • $89,900
      4.45 Acres

      Commercial Land Parcel in Norway

      4.45 acre commercial parcel with highway visibility in Norway, MI.
      Tbd Sundance, Norway, MI 49870
      View Details
    • $199,900
      1.23 Acres

      Commercial Land with Highway Frontage

      1.23 acre commercial parcel with 250ft of highway frontage.
      US2 Tbd Hwy, Norway, MI 49870
      View Details
    • $99,500
      1.01 Acres

      Cleared Acre Lot in Norway

      One-acre commercial land with utilities access and highway visibility.
      Tbd Sundance, Norway, MI 49870
      View Details
    • $1,450,000
      60.00 Acres

      60-Acre Commercial Land Parcel

      60-acre commercial land parcel on US HWY 2, Norway, MI.
      Tbd Us2, Norway, MI 49870
      View Details
    • Contact for pricing
      1.98 Acres

      Norway, MI Vacant Land

      1.98 acre parcel suitable for commercial development or mini storage.
      Tbd Us2, Norway, MI 49870
      View Details
    • $249,900
      6.72 Acres

      Prime Vacant Land in Norway

      6.72 acre commercial land parcel with highway visibility.
      Tbd Sundance, Norway, MI 49870
      View Details
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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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