262 E Michigan Ave, Three Rivers, MI 49093 - Valuation report, cap rates, free data
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262 E Michigan Ave, 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
58
Value decline
risk score
6
Value growth
potential score
  • Close to highway, highway score is 90 (out of 100)
  • Mix of residential and commercial buildings with 59% of people residing in the area and 41% commuting here for work
  • Medium-sized business tenants in the area, including Armstrong - Veris Flow Measurement Group, Mti - Three Rivers Gray Iron
  • Very few retailers in the area
  • Not popular area with foot traffic score of 0 (out of 100)
  • Low retail growth
  • Low household income of $30,168/year in 0.3mi and medium household income of $43,769/year in 3mi
  • Low population density of 790/sq.mi. in 0.3mi and 375/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 9% of people with bachelor degrees
  • Very few amenities within walking distance
  • USA / Michigan / 49093 / 262 E Michigan Ave, Three Rivers, MI 49093, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    3000
    31
    32.05
    12/16/19
    Retail
    3136
    44
    25.88
    10/17/19
    Retail
    4716
    89
    15.73
    08/23/19
    Retail
    3200
    250
    1.96
    08/07/19
    Retail
    1407
    24
    53.59
    07/02/19
    Retail
    1920
    13
    35.85
    05/17/19
    Retail
    2400
    29
    34.04
    05/09/19
    Retail
    3060
    55
    25.17
    11/20/18
    Retail
    2368
    21
    44.88
    11/01/18
    Retail
    4007
    58
    13.26
    03/07/18
    Retail
    4224
    35
    02/14/18
    Retail
    3240
    77
    9.96
    10/18/17
    Retail
    4224
    15
    08/31/17
    Retail
    1836
    27
    48.79
    04/06/17
    Retail
    3680
    21
    32.28
    03/24/17
    Retail
    3925
    34
    23.94
    01/06/17
    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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    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

    Salaries

    Highways

    Public Transit

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