Financial
Distress signals
Property profile

7887 Elm Ave Newaygo, MI 49337

FOR SALE
Showrooms
Property ID
US43-3023449
2,080 SF 7.61 ac lot
Last sale Dec 2012 · $55,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a light-industrial facility in Newaygo, Michigan, located just off M-37 on a 7.7-acre site, with proximity to Croton Dam, Hardy Dam, and the Muskegon River noted in public remarks. The facility consists of a steel and brick building totaling 2,876 square feet, arranged with three production bays served by overhead doors measuring 8 feet and 12.5 feet in height, along with an office and showroom area used for customer consultations. Supporting infrastructure includes a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$51k
Effective rate3.91%

Value estimate

· Sep 2026
$105k
$95k – $116k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LOCAL ZONE
JurisdictionNEWAYGO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.6
Veterinary Clinic7.8
Breakfast7.2

Location

7887 Elm Ave Newaygo, MI 49337
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8158 Mason, Newaygo, MI 49337-8896 $400,000 Feb 2024 No data
137 Pne Lk, Newaygo, MI 49337-9339 $950,000 Jul 2019 54,366 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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