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Agricultural Land for Sale in Newport, Michigan

2552 Newport, Newport, MI 48166

$595,000
55 acres
Active
$4k drop
Est $5,076/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

Location

Street address
2552 Newport
Community
Newport (58027)
School district
Jefferson Schools-Monroe Co
Elevation
600 feet
Coordinates
42.0063, -83.3295

Property details

Acreage
55 acres
Zoning
Agricultural
MLS #
MCAR 50150131
Posted

Property taxes

Recent
$12,181

Parcels

  • 03 002 042 00
  • 03 002 042 10

Details and features

Listing

Type
Land
Subtype
Other
Franchise
Coldwell Banker Real Estate

Listing history

DateEventPriceChangeSource
Jan 15, 2025Price drop$595,000$4,000 -0.7%MCAR
Aug 15, 2024Price drop$599,000$39,000 -6.1%MCAR
July 29, 2024New listing$638,000MCAR
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This 55-acre property is located at 2552 Newport in Newport, MI 48166. The property is available for sale for $595,000 with a price per acre of $10,818.

Checked 32 mins ago — Updated

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