2552 Newport Rd - Commercial LAND FOR SALE


Newport, MI 48166 435,600 SF
$595,000 USD
734-345-2999
2552 Newport Rd, Newport, MI for Sale
$595,000 USD
Commercial LAND - FOR SALE
1/1
435,600 SF

2552 Newport Rd
Newport, MI 48166


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/ACRE

$59,500/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

10 AC

LAND SF

435,600 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

AG

APN/PARCEL ID

03-002-042-10

ASK ABOUT THIS PROPERTY

Tom FritzColdwell Banker Commercial Haynes Fritz & McNewMore Info
734-345-2999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tom FritzColdwell Banker Commercial Haynes Fritz & McNewMore Info
734-345-2999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.