13 Pine Lake Dr, Newaygo, MI 49337
This exceptional 1.75-acre vacant commercial lot is ideally situated in Newaygo, Michigan, at 13 W Pine Lake Dr, zip code 49337. Priced at $160,000, this represents a land value of $91,428 per acre. The property, identified by APN 62-19-30-130-008, is zoned for commercial use, allowing for a variety of development options including retail, office, and multi-family projects. Located within Newaygo's premier retail center, this out-lot boasts an approved curb cut for convenient access. Essential utilities are already in place, simplifying the development process, and an off-site detention system is also established. The property is conveniently located near the Big Rapids MSA and falls under the taxing authority of the City of Newaygo, Newaygo County. This presents a unique opportunity for investors and developers seeking a prime location with established infrastructure for their next venture. The property's strategic location and versatile zoning make it an attractive investment in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.