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Joe Muck

[email protected] +1(313) 283-4740

$ 599,000

Est. payment -/mo

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2552 Newport Road Newport, MI 48166

55 Acres Lot

UPDATED:

08/15/2024 01:40 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 57050150131

Originating Board Southeastern Border Association of REALTORS�

Annual Tax Amount $12,181

Lot Size 55.000 Acres

Acres 55.0

Lot Dimensions 400 x 928 irr

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

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Water at Street

Schools

School District Jefferson Schools-Monroe Co

Others

Tax ID 03 002 042 10, 03 002 042 00

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Coldwell Banker Haynes R.E. in Monroe

Joe Muck

Agent | License ID: 399769

+1(313) 283-4740

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Northville, MI