Agricultural Land for Sale in Newport, Michigan

2552 Newport Newport, MI 48166

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$599,000
55 acres
Active sale$39k dropEst $5,308/mo

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

Coordinates
42.0062, -83.3295
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

This 55-acre property is located at 2552 Newport in Newport, MI 48166 with latitude 42.0062 and longitude -83.3295. The property is currently available for sale for $599,000 with a price per acre of $10,891. Listing data is sourced from Monroe County Association of Realtors # 50150131.

Verify sale details at the property source or contact Coldwell Banker Haynes R.E. in Monroe at (734) 242-8484.

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Copyright (C) 2024 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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