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    Property profile & analytics

    87 State Rd Newaygo, MI 49337-8130

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3298821
    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 87 State Rd

    Zone code
    LOCAL ZONE
    Property type
    Commercial land
    APN
    19-19-106-008
    APU
    1919106008

    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
    -85.7992
    Latitude
    43.4214
    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
    $1,277
    $0.00
    $0.00
    $28,000
    -
    $0.00
    $0.00
    $56,000

    Comparable in this City

    • Value Estimation by Request
      155.48 Acres

      8007 Mason Dr

      VACANT COMMERCIAL LAND • 155.48 Acres
      8007 Mason Dr, Newaygo, MI 49337-8898
      View Details
    • Value Estimation by Request

      8871 Mason Dr

      VACANT COMMERCIAL LAND
      8871 Mason Dr, Newaygo, MI 49337-8815
      View Details
    • Value Estimation by Request
      0.30 Acres

      8256 Mason Dr

      VACANT COMMERCIAL LAND • 0.30 Acres
      8256 Mason Dr, Newaygo, MI 49337-7921
      View Details
    • Value Estimation by Request

      53 Wood St

      VACANT COMMERCIAL LAND
      53 Wood St, Newaygo, MI 49337-8968
      View Details
    • Value Estimation by Request
      14.14 Acres

      Newaygo, MI 49337

      VACANT COMMERCIAL LAND • 14.14 Acres
      Newaygo, MI 49337
      View Details
    • Value Estimation by Request

      Newaygo, MI 49337

      VACANT COMMERCIAL LAND
      Newaygo, MI 49337
      View Details

    Similar Nearby for Sale

    • $39,900
      3.03 Acres

      Commercial Land Near Newaygo, MI

      3.03 acres of commercial land with high visibility.
      Mason Dr, Newaygo, MI 49337
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    • $1,550,000

      Muskegon Riverfront Development Opportunity

      400 feet of Muskegon River frontage, excellent business opportunity.
      1 Fremont St, Newaygo, MI 49337
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    • $2,100,000
      Pending

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      220 acres with 6,500 feet of Muskegon River frontage.
      511 S Mundy Ave, Newaygo, MI 49337
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    • $39,900
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      Commercial Land on Main Highway

      3.03 acres of commercial land with high visibility.
      Mason Dr, Newaygo, MI 49337
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    • $38,900
      0.51 Acres

      Half-Acre Parcel in Newaygo, MI

      Half-acre land parcel perfect for a custom home or cabin.
      5558 N King St, Newaygo, MI 49337
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    • $363,000
      121.00 Acres

      Newaygo Hunting Land Opportunity

      121 acres of wooded land, ideal for hunting and recreation.
      36Th St, Newaygo, MI 49337
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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.
      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
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    87 State Rd
    Newaygo, MI 49337-8130
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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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