Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    12131 W Chesbrough Lake Rd Newberry, MI 49868

    Sponsored
    For Sale
    $144,000

    Wood Land - Newberry, MI

    Lot size:
    120.00 Acres
    Days on Market:
    175
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 12131 W Chesbrough Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    003-008-031-0100
    Lot size
    120.00 Acres

    Building Details

    Architectural style
    Other

    Cummings-McCraney (906) 293-5138

    Listing agent Betsy Costa (906) 293-5138 License #6501225352

    Listing date Jul 17, 2025

    MLS# 25-668 Listing URL

    Copyright © 2026 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luce County Wooded Acreage

    This 120-acre parcel is located north of Newberry, just south of Chesbrough Lake. The majority of the property consists of high ground, featuring northern hardwoods, hemlocks, and open fields. Approximately 15 acres on the west edge of the parcel are wetlands. An old cabin is situated on the property. Access to the property is seasonal, and power is not available in the area. The parcel is enrolled in the Qualified Forest Act.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Newberry
    County
    Luce
    State
    Michigan
    Longitude
    -85.4887
    Latitude
    46.496

    Nearby Similar for Sale

    • $2,000,000
      59,633 SF

      Newberry Industrial Facility on 28+ Acres

      Former Northern Hardwoods facility with multiple buildings and expansion potential.
      6946 County Road 392, Newberry, MI 49868
      View Details
    • $329,000
      3,600 SF

      Newberry Office with Income Potential

      3600 SF office building on 2.5 acres for sale.
      7793 M-123, Newberry, MI 49868
      View Details
    • $595,000
      7,920 SF

      Newberry Industrial Park Trucking Facility

      7920 sq ft commercial/industrial garage on 7.9 acres.
      6937 Cty Rd 392, Newberry, MI 49868
      View Details
    • $1,600,000
      7,340 SF

      Established Resort on Halfway Lake

      Turn-key resort with cabins, guest house, and owner's residence.
      16878 County Road 505, Newberry, MI 49868
      View Details
    • $350,000

      Muskallonge Lake Commercial Property

      Commercially zoned property with lake frontage and rental potential.
      30410 Co Rd 407, Newberry, MI 49868
      View Details
    • $189,900

      Church with Classrooms and Garage

      Church with seating, classrooms, kitchen, dining, restrooms, and garage.
      321 W John St, Newberry, MI 49868
      View Details
    • $1,650,000

      40 Acres Near Lake Superior

      Upland property with cabins, store, and airport near river.
      32752 Co Rd 423, Newberry, MI 49868
      View Details
    • $115,000
      2,046 SF

      Newberry Bar & Restaurant Opportunity

      Established Business, Turnkey Operation, High Visibility
      121 Helen St, Newberry, MI 49868
      View Details

    FAQs

    What type of property is this?
    Land - 120 acres of high ground with northern hardwoods.
    Where is this land located?
    The property is located at 12131 W Chesbrough Lake Rd Newberry, MI.
    What is the asking price?
    The asking price for this property is $144,000.
    What are key features of this property?
    This property features: - 120 acres of land.; - Majority of the property is high ground.; - Features northern hardwoods, hemlocks, and open fields.
    (906) 293-5138
    Request Owner's contact information
    12131 W Chesbrough Lake Rd Newberry, MI 49868
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12131 W Chesbrough Lake Rd
    Newberry, MI 49868
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12131 W Chesbrough Lake Rd Newberry, MI 49868
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.