Agricultural Land for Sale in Newport, Michigan
2552 Newport Newport, MI 48166
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
Property details
- County
- Monroe County
- Community
- Newport (58027)
- School District
- Jefferson Schools-Monroe Co
- Zoning
- Agricultural
- Elevation
- 600 feet
- MLS Number
- MCAR 50150131
- Date Posted
Parcels
- 03 002 042 00
- 03 002 042 10
Property taxes
- Recent
- $12,181
Detailed attributes
Listing
- Type
- Land
- Franchise
- Coldwell Banker Real Estate
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Aug 15, 2024 | Price drop | $599,000 | $39,000 -6.1% | MCAR |
July 29, 2024 | New listing | $638,000 | — | MCAR |