416 W Michigan Ave, Three Rivers, MI 49093 - Valuation report, cap rates, free data
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416 W 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
40
Value decline
risk score
32
Value growth
potential score
  • Residential district area with 62% of people residing in the area and 38% commuting here for work
  • Gentrifying area
  • Close to highway, highway score is 93 (out of 100)
  • Neighbors include: Pizza Hut
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 64 (out of 100)
  • Medium household income of $40,029/year in 0.3mi and $43,656/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, Pizza Hut
  • Low retail growth
  • Low population density of 1,494/sq.mi. in 0.3mi and 365/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, Bgh Inc. Dba Holiday Inn Express, Malinoski & Associates DDS PC
  • USA / Michigan / 49093 / 416 W Michigan Ave, Three Rivers, MI 49093, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    2016
    22
    68.22
    04/17/20
    Retail
    2365
    30
    52.41
    12/27/19
    Retail
    2564
    117
    11.53
    11/12/19
    Retail
    3600
    66
    19.6
    11/08/19
    Retail
    2564
    90
    14.82
    10/10/19
    Retail
    4716
    89
    15.73
    08/23/19
    Retail
    2820
    32
    46.64
    04/11/19
    Retail
    2040
    36
    10.91
    04/02/19
    Retail
    2016
    13
    111.63
    03/27/19
    Retail
    2002
    15
    93.34
    03/01/19
    Retail
    5152
    21
    69.57
    02/04/19
    Retail
    5664
    7
    188.02
    12/28/18
    Retail
    4400
    27
    54.22
    09/19/18
    Retail
    4633
    41
    32.05
    09/07/18
    Retail
    2645
    27
    14.04
    08/20/18
    Retail
    4800
    46
    21.79
    08/17/18
    Retail
    2480
    151
    9.87
    08/08/18
    Retail
    3213
    40
    06/27/18
    Retail
    4784
    111
    12.48
    02/13/18
    Retail
    5000
    22
    57.22
    02/01/18
    Retail
    2088
    81
    15.96
    01/25/18
    Retail
    5124
    114
    9.33
    11/13/17
    Retail
    2460
    50
    4.07
    09/21/17
    Retail
    2819
    26
    46.99
    09/05/17
    Retail
    4176
    22
    56.94
    06/21/17
    Retail
    4000
    79
    19.61
    05/26/17
    Retail
    4176
    31
    41.61
    05/18/17
    Retail
    4872
    16
    89.96
    05/10/17
    Retail
    4554
    8
    173.37
    05/05/17
    Retail
    2771
    167
    6.23
    04/19/17
    Retail
    2400
    67
    19.24
    02/22/17
    Retail
    5440
    16
    80.8
    12/05/16
    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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    Population Density

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