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2552 Newport Road Newport, MI $ 595,000
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$ 595,000 Get more info
2552 Newport Road
$ 595,000
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Share Save

2552 Newport Road

Newport, MI, 48166
$ 595,000
Baths0.0

Monthly Estimate*

$ 3,712

2552 Newport Road, Newport, MI 48166 - Image 1
2552 Newport Road, Newport, MI 48166 - Image 2
Studio

Lots and Land for sale in Newport, MI

for $595,000. The lot size is 55.

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

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Lots and Land Active

Price

$ 595,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 12,181

Style

Vacant Land

Lot Size

55

Town/City

Newport

County/Region

Monroe

MLS | Web ID

50150131
Features
General
Water Public Water at Street
Status Active Active
Style Vacant Land
County Monroe
Class VACANT LAND
Type Vacant Land
Ownership LLC
Municipality Newport
Zoning Agricultural
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Area Newport (58027)
Primary City Newport
Location Main Street
Directions North on Us-24 (N Telegraph) to East on Newport
City Newport
School District Jefferson Schools-Monroe Co
Financial Terms Cash Conventional
Legal Description 1429-748 856-789 986-699 1009-482 SEC 2 T6S R9E 45.55 A BEG AT THE N 1/4 COR OFF SEC 2 T6S R9 E TH S 0 DEG 28' 39 E 927.99 FT TH N 89 DEG 40' 47 E 656.09 FT TH S 0 DEG 16' 37 E 1710.94 FT TO E & W
DOM 499
Postal Code 48166
Price Per Sq Ft Total AG 10818.18
Public Remarks
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Exterior
Frontage 400
Lot Size Area 55
Lot Dimensions 400 x 928 irr
Lot Description Large Lot - 65+ Ft.
Roads Paved Street
Waterfront Y/N No
Frontage Type Road
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. In Monroe

Broker

colemcnew@icloud.com

Email

Affordability Calculator

$4,727
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,712
Monthly Property Taxes
$1,015
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1572099 Elementary School
1571777 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2025$595,000 -0.67% Price Down
8/15/2024$599,000 -6.11% Price Down
7/29/2024$638,000 Listed Price

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2552 Newport Road, Newport, MI, 48166 is a Lots and Land for sale at $595,000 with a lot size of 55. 2552 Newport Road is a studio with 0.0 baths. The property's zip code is 48166 which is in Newport, MI

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