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    Property profile & analytics

    47 State Rd Newaygo, MI 49337-7119

    • Retail space
    • 2,396 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3980990
    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

    • Retail space

    Property Details for 47 State Rd

    Lot size
    0.11 lot acres
    Property size
    2,396 SF
    Zone code
    LOCAL ZONE
    Property type
    Retail space
    APN
    18-24-280-021
    APU
    1824280021

    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
    -85.7994
    Latitude
    43.4206
    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
    $2,772
    $0.00
    $0.00
    $57,400
    -
    $0.00
    $0.00
    $114,800

    Comparable in this City

    • Value Estimation by Request
      2,352 SF

      79 State Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,352 SF
      79 State Rd, Newaygo, MI 49337-8130
      View Details
    • Value Estimation by Request
      2,553 SF

      6749 Chapman Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,553 SF
      6749 Chapman Ave, Newaygo, MI 49337-9092
      View Details
    • Value Estimation by Request
      2,646 SF

      24 Wood St

      RETAIL STORES (PERSONAL SERVICES) • 2,646 SF
      24 Wood St, Newaygo, MI 49337-7023
      View Details
    • Value Estimation by Request
      2,436 SF

      196 State Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,436 SF
      196 State Rd, Newaygo, MI 49337-8121
      View Details
    • Value Estimation by Request
      1,008 SF

      7633 36th St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      7633 36th St, Newaygo, MI 49337-9571
      View Details
    • Value Estimation by Request
      2,188 SF

      8474 Mason Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,188 SF
      8474 Mason Dr, Newaygo, MI 49337-8818
      View Details

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      Turnkey Light-Industrial Business Opportunity

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    Similar Nearby for Lease

    • $9 SF/Yr
      1,500 SF

      Retail Space in Newaygo, MI

      Retail suites available for lease in River Valley, Newaygo.
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      View Details
    • $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

      Newaygo Retail Investment Opportunity

      34,886 SF building in Newaygo, 100% occupied.
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    47 State Rd
    Newaygo, MI 49337-7119
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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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