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Lot/land
  • $595,000

    2552 Newport Rd, Newport, MI 48166

    --beds
    --baths
    55Acres
    Unimproved Land
    Built in ----
    55 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime location
    An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Berlin Twp
    397 days
    on Zillow
    |
    97
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 03, 2025 at 11:50am

    Listed by:

    Cole McNew 734-624-4923,

    Coldwell Banker Haynes R.E. in Monroe 734-242-8484,

    Tom Fritz 734-625-7100,

    Coldwell Banker Haynes R.E. in Monroe

    Source: MiRealSource,MLS#: 50150131MLS LogoOriginating MLS: Southeastern Border Association REALTORS
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    Facts & features

    Property

    Features
    • Frontage type: Road
    • Frontage length: 400
    Lot
    • Size: 55 Acres
    • Dimensions: 400 x 928 irr
    • Features: Large Lot - 65+ Ft., Main Street
    Details
    • Parcel number: 0300204210
    • Zoning description: Agricultural

    Utilities & green energy

    • Sewer: Public At Street
    • Water: Public Water at Street
    • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Tax assessed value: $109,800
    • Annual tax amount: $12,181
    • Date on market: 7/29/2024
    • Cumulative days on market: 397 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership type: LLC
    • Road surface type: Paved
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