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    Newport Rd Newport, MI 48166

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    For Sale
    $550,000

    Land site plan approved for 88 units near freeways.

    Lot size:
    13.11 Acres

    Property Features for Newport Rd

    General Information

    Lot size
    13.11 Acres
    Source: Moodyscre

    Listing Agent: Rick Birdsall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Approved for 88 Units

    This land parcel has a site plan approved for the construction of 88 units. Many of the units will have golf course frontage. Water and sewer services are available in the area. The property is located close to freeways.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.382074
    Latitude
    42.005924

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    FAQs

    What type of property is this?
    Land - Land site plan approved for 88 units near freeways.
    Where is this land located?
    The property is located at Newport Rd Newport, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Site plan approved for 88 units.; - Many units with golf course frontage.; - Water and sewer in area.
    (248) 842-3145
    Request Owner's contact information
    Newport Rd 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
    Newport Rd Newport, MI 48166
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