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

Indicative value *
$0.1M - $0.1M
* 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
69
Value decline
risk score
52
Value growth
potential score
  • On a highway, highway score is 100 (out of 100)
  • Mix of residential and commercial buildings with 54% of people residing in the area and 46% commuting here for work
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 76 (out of 100)
  • Medium household income of $45,934/year in 0.3mi and $43,790/year in 3mi
  • A number of amenities within walking distance but not many, including restaurants L.A.'s Coffee Cafe, Main St Cafe, Paisano's Pizzeria, Little Caesars, Pizza Hut
  • Low retail growth
  • Low population density of 1,659/sq.mi. in 0.3mi and 370/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 16% 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
  • USA / Michigan / 49093 / 2 N Main St, Three Rivers, MI 49093, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    3264
    42
    33.06
    03/23/20
    Retail
    2564
    117
    11.53
    11/12/19
    Retail
    2564
    90
    14.82
    10/10/19
    Retail
    3281
    146
    9.32
    10/30/18
    Retail
    4400
    27
    54.22
    09/19/18
    Retail
    1748
    11
    61.93
    03/02/18
    Retail
    4810
    220
    6.22
    10/09/17
    Retail
    2460
    50
    4.07
    09/21/17
    Retail
    4872
    16
    89.96
    05/10/17
    Retail
    4554
    8
    173.37
    05/05/17
    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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    Name
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    Retail Landscape

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    Population Density

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