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    7101 Dixie Hwy Newport, MI 48166

    Sponsored
    For Sale
    $125,000

    Spacious industrial building, 2 acres, recent upgrades.

    Property size:
    3,283 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional industrial property located at 7101 N DIXIE, Newport, MI presents a compelling investment opportunity. Boasting a generous 3,283 square feet of space, the building is situated on a sizable 1.76-acre lot, offering ample room for expansion or outdoor operations. Recent improvements significantly enhance its value and functionality. These upgrades include a freshly painted and cleaned interior, providing a move-in ready space for immediate occupancy. Furthermore, a newer roof and furnace have been installed, ensuring long-term cost-effectiveness and reduced maintenance needs. Several other building upgrades have also been completed, further enhancing its appeal. The property's expansive lot size provides significant flexibility for various business applications. This is a rare opportunity to acquire a well-maintained industrial building with recent upgrades in a desirable location. Don't miss out on this chance to secure a valuable asset with significant potential for growth and return on investment. The asking price is $125,000. Serious inquiries only.

    Property Features for 7101 Dixie Hwy

    General Information

    Property type
    Industrial properties
    Square Feet
    3,283 SF
    Lot Size
    76,666 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Pharmacy Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.28934
    Latitude
    41.98071

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, 2 acres, recent upgrades.
    Where is this industrial property located?
    The property is located at 7101 Dixie Hwy Newport, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    (734) 676-2900
    Request Owner's contact information
    7101 Dixie Hwy Newport, MI 48166
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    Newport, MI 48166
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    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
    7101 Dixie Hwy Newport, MI 48166
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