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    OFF-MARKET
    Land

    13 Pine Lake Dr, Newaygo, MI 49337

    1.75 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.75 ac (76,230 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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