2552 Newport Road Active Save Request In-Person Tour Request Virtual Tour
Newport,MI 48166
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 57050150131
Annual Tax Amount $12,181
Lot Size 55.000 Acres
Property Description
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
Location
State MI
County Monroe
Area Berlin Twp
Zoning Agricultural
Exterior
Pool No
Waterfront no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Water at Street
Schools
School District Jefferson Schools-Monroe Co
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional