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    Property profile & analytics

    18 State Rd Newaygo, MI 49337-8128

    • Turn key restaurants
    • 1,820 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3631702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 18 State Rd

    Lot size
    0.09 lot acres
    Property size
    1,820 SF
    Zone code
    LOCAL ZONE
    Property type
    Turn key restaurants
    APN
    19-19-151-010
    APU
    1919151010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newaygo
    County
    Newaygo
    State
    Michigan
    Longitude
    -85.7996
    Latitude
    43.4192
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $2,234
    $0.00
    $0.00
    $48,900
    -
    $0.00
    $0.00
    $97,800

    Comparable in this City

    • Value Estimation by Request
      6,178 SF

      9103 Mason Dr

      RESTAURANT • 6,178 SF
      9103 Mason Dr, Newaygo, MI 49337-9142
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    • Value Estimation by Request
      2,080 SF

      5830 Croton Hardy Dr

      RESTAURANT • 2,080 SF
      5830 Croton Hardy Dr, Newaygo, MI 49337-8732
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    • Value Estimation by Request
      1,894 SF

      8187 Mason Dr

      RESTAURANT • 1,894 SF
      8187 Mason Dr, Newaygo, MI 49337-9139
      View Details
    • Value Estimation by Request
      5,136 SF

      116 Riv Vly Dr

      RESTAURANT • 5,136 SF
      116 Riv Vly Dr, Newaygo, MI 49337-8456
      View Details
    • Value Estimation by Request
      7,350 SF

      30 State Rd

      RESTAURANT • 7,350 SF
      30 State Rd, Newaygo, MI 49337-8143
      View Details
    • Value Estimation by Request
      3,381 SF

      7221 Croton Hardy Dr

      RESTAURANT • 3,381 SF
      7221 Croton Hardy Dr, Newaygo, MI 49337-7706
      View Details

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    Similar Nearby for Lease

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    • $1,300 /Mo
      1,250 SF

      Retail Space in Newaygo

      Retail space available for rent in Newaygo's Business District.
      8382 S Mason Dr, Newaygo, MI 49337
      View Details
    • $2,326,150

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      34,886 SF building in Newaygo, 100% occupied.
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    18 State Rd
    Newaygo, MI 49337-8128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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