Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    53 Wood St Newaygo, MI 49337-8968

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0831771
    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

    • Commercial land

    Property Details for 53 Wood St

    Zone code
    R1
    Property type
    Commercial land
    APN
    18-24-241-007
    APU
    1824241007

    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
    -85.801
    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
    2022
    $28,117
    $0.00
    $0.00
    $459,700
    -
    $0.00
    $0.00
    $919,400

    Comparable in this City

    • Value Estimation by Request
      9.00 Acres

      Newaygo, MI 49337

      VACANT COMMERCIAL LAND • 9.00 Acres
      Newaygo, MI 49337
      View Details
    • Value Estimation by Request
      0.02 Acres

      Newaygo, MI 49337

      VACANT COMMERCIAL LAND • 0.02 Acres
      Newaygo, MI 49337
      View Details
    • Value Estimation by Request
      0.47 Acres

      7607 36th St

      VACANT COMMERCIAL LAND • 0.47 Acres
      7607 36th St, Newaygo, MI 49337-9571
      View Details
    • Value Estimation by Request
      10.09 Acres

      491 82nd St

      VACANT COMMERCIAL LAND • 10.09 Acres
      491 82nd St, Newaygo, MI 49337
      View Details
    • Value Estimation by Request
      1.32 Acres

      Newaygo, MI 49337

      VACANT COMMERCIAL LAND • 1.32 Acres
      Newaygo, MI 49337
      View Details
    • Value Estimation by Request

      142 Croton Dr

      VACANT COMMERCIAL LAND
      142 Croton Dr, Newaygo, MI 49337-8929
      View Details

    Similar Nearby for Sale

    • $2,100,000
      Pending

      220 Acres with River Frontage

      220 acres with 6,500 feet of Muskegon River frontage.
      511 S Mundy Ave, Newaygo, MI 49337
      View Details
    • $1,550,000

      Muskegon Riverfront Development Opportunity

      400 feet of Muskegon River frontage, excellent business opportunity.
      1 Fremont St, Newaygo, MI 49337
      View Details
    • $39,900
      3.03 Acres

      Commercial Land on Main Highway

      3.03 acres of commercial land with high visibility.
      Mason Dr, Newaygo, MI 49337
      View Details
    • $39,900
      3.03 Acres

      Commercial Land Near Newaygo, MI

      3.03 acres of commercial land with high visibility.
      Mason Dr, Newaygo, MI 49337
      View Details
    • $69,500
      0.74 Acres

      Waterfront Land in Ottawa Pointe

      Premier waterfront development land near Pettit Lake, 40 minutes from Grand Rapids.
      7883 S Potawatomi, Newaygo, MI 49337
      View Details
    • $320,000

      Water Frontage Land For Sale

      Land with 1000 feet of water frontage.
      522 Centerline Rd, Newaygo, MI 49337
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      1,500 SF

      Retail Space in Newaygo, MI

      Retail suites available for lease in River Valley, Newaygo.
      147 W River Valley Dr, Newaygo, MI 49337
      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.
      91 W Pine Lake Dr, Newaygo, MI 49337
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    53 Wood St
    Newaygo, MI 49337-8968
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.