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Additional details
$ 595,000
Est. payment /mo
Active
2552 Newport RD Newport, MI 48166
55 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 57050150131
Lot Size 55.000 Acres
Acres 55.0
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 Area06051Berlintwp
Interior
Fireplace No
Exterior
View Y/N No
Building
Sewer PublicSewer, SewerAtStreet
Water WateratStreet
New Construction No
Schools
High Schools Jeffersonschoolsmonroeco
School District Jeffersonschoolsmonroeco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition CorporateRelocation, ShortSaleNo
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Listed by Cole McNew of Coldwell Banker Haynes R.E. in Monroe
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