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Property profile & analytics
OFF-MARKET
Retail space

40 82nd St Newaygo, MI 49337-8005

20,496 SF
Entity Owned Absentee Owner Free & Clear
Property ID
US43-3296366
Property summary
AI-generated overview

This exceptional 2.62-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving Newaygo, Michigan market. Located at 40 E 82nd Street, this property boasts a highly desirable corner location at the intersection of Mason Drive and 82nd Street, offering significant visibility and accessibility. With over 650 feet of frontage, this site provides ample space for a variety of commercial developments. The property is zoned C-1, allowing for a wide range of permitted uses, including free-standing restaurants, fast food and quick-service restaurants (QSRs), gas stations, coffee shops, and many other compatible businesses. The asking price for this strategically positioned land is $1,500,000. The property's APN is 19-30-160-026. Its location in Newaygo County, Michigan, zip code 49337, offers easy access to local amenities and a growing community. This is an ideal investment for developers seeking a high-impact location with significant potential for return. The expansive lot size and prime location make this a truly unique opportunity to establish a successful commercial venture in a vibrant and expanding market. Don't miss this chance to acquire a piece of Newaygo's commercial future.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 20,496 SF
Zoning code LOCAL ZONE
APN 19-30-160-026
UPID US43-3296366
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
GRICES HOME TOWN PROPERTIES LLC
GRICES HOME TOWN PROPERTIES LLC
Zoning & alternative use
LOCAL ZONE · Newaygo, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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