1200 N Main St, Three Rivers, MI 49093 - Valuation report, cap rates, free data
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1200 N Main St, Three Rivers, MI 49093

Indicative value *
$0.1M - $0.2M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
38
Value decline
risk score
23
Value growth
potential score
  • On a highway, highway score is 100 (out of 100)
  • Gentrifying area
  • Mix of residential and commercial buildings with 50% of people residing in the area and 50% commuting here for work
  • Medium levels of salaries of $40,000 per year
  • Largest industires include Light Manufacturing, General Merchandise Stores, Restaurants and Bars
  • Relatively close to an urban center
  • A number of amenities within walking distance but not many, including restaurants Appoloni's Ristorante e Pizzeria
  • Limited public transit with transit score of 0 (out of 100)
  • Low employee density of 552/sq.mi. in 0.3mi and 155/sq.mi. in 3mi
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • Not popular area with foot traffic score of 0 (out of 100)
  • Small-sized business tenants in the area, including Armstrong - Veris Flow Measurement Group
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    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    1980
    10
    35.21
    01/03/20
    Office
    2115
    48
    4.94
    06/03/19
    Office
    3444
    15
    22.55
    01/09/19
    Office
    3328
    37
    09/25/18
    Mixed Use
    2917
    42
    8.26
    11/08/17
    Office
    2078
    50
    6.78
    10/27/17
    Office
    3330
    31
    04/11/17
    Mixed Use
    1808
    63
    01/06/17
    Mixed Use
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Name
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    Foot traffic

    Population Density

    Income

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    Highways

    Public Transit

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