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Shovel-Ready Industrial Land Parcel
For Sale
$191,000

Co Rd 403, Newberry, MI 49868

COMMERCIAL - Newberry, MI

Lot Size47.70 Acres
Days on Market66

Property Features for Co Rd 403

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 42 - McMillan, Newberry and Soo Junction Areas
Standard status Active
Lot size 47.70 Acres
Listing Agency: Cummings-McCraney
Listed By: Marissa Metcalf · License #6501430978
Added: May 28 Changed: Jun 3 Last Checked: Aug 1 at 9:06AM
MLS# 26-116

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.

Investment Insights

Based on property information with market context.

This sale offering is an approximately 47.7-acre industrial land parcel within a larger 298-acre industrial park in Luce County. The tract is mostly open with some wooded area and features flat to gently sloping terrain with sandy soil. Utilities are already available, including natural gas, water and sewer, and electric, along with multiple fiber and telecommunications options. The property is described as shovel-ready for industrial site development and may offer a railroad spur opportunity.

The site is positioned on a Class A road and includes protective covenants. While the parcel includes some natural cover, the overall setting is intended to support straightforward preparation and ground-breaking given the stated terrain and soil conditions.

For tenants, developers, or investors seeking land in an established industrial park, this property offers an open-to-mixed configuration suitable for industrial uses, supported by readily available utilities and communications. The potential for a railroad spur, along with the protections provided by the covenants, may help support logistics-oriented planning and smoother early development discussions.

Key Highlights

  • 47.7‑acre mostly open industrial tract within a 298‑acre industrial park in Luce County
  • Flat to gently sloping terrain with sandy soil
  • Utilities available: natural gas, water & sewer, and electric

Property Analytics

Current Use

Industrial land

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 49868, MI

4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Mostly open industrial tract with utilities in place and potential rail spur for flexible site development.
Where is this industrial land located?
The property is located at Co Rd 403 Newberry, MI.
What is the asking price?
The asking price for this property is $191,000.
What are key features of this property?
This property features: 47.7‑acre mostly open industrial tract within a 298‑acre industrial park in Luce County; Flat to gently sloping terrain with sandy soil; Utilities available: natural gas, water & sewer, and electric
More about this property
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