1006 W Michigan Ave, Three Rivers, MI 49093 - Valuation report, cap rates, free data
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1006 W Michigan Ave, Three Rivers, MI 49093

Indicative value *
$0.2M - $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
44
Value decline
risk score
40
Value growth
potential score
  • Residential district area with 60% of people residing in the area and 40% commuting here for work
  • Gentrifying area
  • Close to highway, highway score is 91 (out of 100)
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 71 (out of 100)
  • A number of amenities within walking distance but not many, including restaurants El Camino Real Restaurant., BIGGBY COFFEE, Taco Bell, McDonald's, Burger King
  • Low retail growth
  • Low household income of $36,070/year in 0.3mi and medium household income of $43,914/year in 3mi
  • Low population density of 1,782/sq.mi. in 0.3mi and 358/sq.mi. in 3mi
  • Limited public transit with transit score of 0 (out of 100)
  • Limited business growth
  • Population has low level of education with 15% of people with bachelor degrees
  • Small-sized business tenants in the area, including Three Rivers Health System Inc., Armstrong - Veris Flow Measurement Group, Mti - Three Rivers Gray Iron, Dr. Corey Crochiere, Bgh Inc. Dba Holiday Inn Express, Malinoski & Associates DDS PC
  • USA / Michigan / 49093 / 1006 W Michigan Ave, Three Rivers, MI 49093, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    14703
    168
    8.69
    09/25/19
    Retail
    7342
    56
    22.38
    08/13/19
    Retail
    8000
    22
    59.59
    07/17/19
    Retail
    5152
    21
    69.57
    02/04/19
    Retail
    5664
    7
    188.02
    12/28/18
    Retail
    9886
    25
    48.12
    10/05/18
    Retail
    12400
    127
    10.92
    06/05/18
    Retail
    8670
    15
    95.93
    04/09/18
    Retail
    8670
    20
    69.58
    04/09/18
    Retail
    9886
    20
    60.14
    01/23/18
    Retail
    12503
    33
    39.17
    01/12/18
    Retail
    10136
    53
    25.25
    08/14/17
    Retail
    6600
    70
    8.0
    07/21/17
    Retail
    6559
    254
    5.77
    12/20/16
    Retail
    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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    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

    Salaries

    Highways

    Public Transit

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