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    Property profile & analytics

    Us Hwy 2nd 2 Hermansville, MI 49847

    • Industrial properties
    • 19,998 SF
    • 10.26 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US43-2904980
    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

    • Industrial properties

    Property Details for Us Hwy 2nd 2

    Year built
    1990
    Lot size
    10.26 lot acres
    Property size
    19,998 SF
    Property type
    Industrial properties
    APN
    011-079-018-00
    APU
    1107901800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hermansville
    County
    Menominee
    State
    Michigan
    Longitude
    -87.6651
    Latitude
    45.7389
    CBSA code
    31940
    CBSA name
    MARINETTE, WI-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
    2024
    $3,255
    $9,200
    $73,100
    $82,300
    -
    $18,400
    $146,200
    $164,600

    Comparable in this City

    • Value Estimation
      $775,000
      75,689 SF

      5728th Old Us 2nd 41

      INDUSTRIAL (GENERAL) • 75,689 SF
      5728th Old Us 2nd 41, Hermansville, MI 49847-9553
      View Details
    • Value Estimation
      $415,000
      9,996 SF

      16407th Ixl Dr

      INDUSTRIAL (GENERAL) • 9,996 SF
      16407th Ixl Dr, Hermansville, MI 49847
      View Details
    • Value Estimation
      $770,000
      92,040 SF

      County Rd 388

      INDUSTRIAL (GENERAL) • 92,040 SF
      County Rd 388, Hermansville, MI 49847
      View Details
    • Value Estimation by Request
      192 SF

      16307th Number 4th Ln

      INDUSTRIAL (GENERAL) • 192 SF
      16307th Number 4th Ln, Hermansville, MI 49847-9592
      View Details
    • Value Estimation
      $370,000
      6,364 SF

      17296th Vega Rd

      INDUSTRIAL (GENERAL) • 6,364 SF
      17296th Vega Rd, Hermansville, MI 49847
      View Details
    • Value Estimation by Request
      7,474 SF

      5704th Old Us 2nd Rd No 43

      INDUSTRIAL (GENERAL) • 7,474 SF
      5704th Old Us 2nd Rd No 43, Hermansville, MI 49847-9537
      View Details
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    Hermansville, MI 49847
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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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