40 82nd St Newaygo, MI 49337-8005
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LOCAL ZONE · Newaygo, MINewaygo. Always verify with local authorities before improvements.
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.