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
    Back to Search

    2552 Newport Charter Township Of Charter Township of Berlin, MI 48166

    Sponsored
    For Sale
    $599,000

    Vacant land, renewable energy potential, high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0-unit vacant land parcel in the Charter Township of Berlin, Monroe County, Michigan, presents a compelling investment opportunity. Located at 2552 Newport, 48166 (42.005934, -83.329611), this property is currently listed at $599,000. A significant advantage is a secured option to purchase this land within three years by a large company for renewable energy production at a price exceeding the current asking price. This provides investors with a defined timeframe and a clear path to substantial returns, regardless of whether the option is exercised. The property's prime location also makes it highly suitable for residential development, offering a secondary, lucrative potential use. This dual-purpose potential significantly mitigates risk and enhances the long-term value proposition. The property's strategic location and the existing option agreement combine to create a unique investment opportunity with both short-term and long-term growth potential. This is an ideal asset for investors seeking a blend of immediate return and future upside. The three-year timeline allows for strategic planning and decision-making, minimizing uncertainty and maximizing potential profits.

    Property Features for 2552 Newport Charter Township Of

    General Information

    Property type
    Land

    HighLights

    • 0‑unit vacant land parcel in Berlin Charter Township, Monroe County, MI.
    • Listed at $599,000.
    • Secured 3‑year option to purchase by a large renewable energy company at a price exceeding the asking price.
    • Suitable for residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charter Township of Berlin
    County
    Monroe
    State
    Michigan
    Longitude
    -83.329611
    Latitude
    42.005934

    Nearby Comparable

    • $595,000
      55.00 Acres

      Newport, MI Vacant Land Investment

      Exceptional investment opportunity with renewable energy and residential development potential.
      2552 Newport Rd, Newport, MI 48166
      View Details
    • $550,000
      13.11 Acres

      Newport Road: 88-Unit Development Site

      Prime 13-acre agricultural land, approved for 88 units.
      Charter Township of Newport Rd, Charter Township of Berlin, MI 48166
      View Details
    • $900,000
      27 SF

      Newport Office Building For Sale

      5,000 SF office building in Newport, MI for sale.
      1911 Newport Rd, Newport, MI 48166
      View Details
    • $179,800
      4.96 Acres

      Prime Commercial Land, Monroe County

      5 Acres, I-75 Visibility, High Traffic
      8848 Swan Crk Rd, Charter Township of Berlin, MI 48166
      View Details
    • $59,800

      Commercial Land Near I-75

      Five acres of commercially zoned land near I-75.
      8848 Swan Creek Rd, Newport, MI 48166
      View Details
    • $180,000

      Land Parcels Near I-75 Exit

      Commercial land parcels suitable for gas station or retail.
      8830-8842 Swan Creek Rd, Newport, MI 48166
      View Details
    • Contact for pricing
      1.13 Acres

      Prime Commercial Land, Monroe County

      I-75 Frontage, Multiple Parcels Available
      8830 Swan Crk Rd, Charter Township of Berlin, MI 48166
      View Details
    • Contact for pricing

      22.59 Acres Off I-75

      22.59 acres of commercial land directly off I-75.
      I-75 And Swan Crk Rd, Newport, MI
      View Details
    • Contact for pricing
      22.59 Acres

      I-75 Commercial Land - Newport, MI

      22.59 Acres, Prime I-75 Location
      0 Newport Mi Vacant Land Charter Township Of, Charter Township of Berlin, MI 48166
      View Details
    • New
      $299,900
      1,368 SF

      Remodeled Commercial Building in Newport

      Freestanding, remodeled commercial building with high traffic exposure in Newport.
      8736 Swan Creek Rd, Newport, MI 48166
      View Details
    • Contact for pricing
      107.00 Acres

      107-Acre Industrial Land, MI

      Prime Logistics Site - I-275/I-75 Access
      8200 Newport Rd, Charter Township of Berlin, MI 48166
      View Details

    FAQs

    What type of property is this?
    Land - Vacant land, renewable energy potential, high ROI.
    Where is this land located?
    The property is located at 2552 Newport Charter Township Of Charter Township of Berlin, MI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 0-unit vacant land parcel in Berlin Charter Township, Monroe County, MI.; Listed at $599,000.; Secured 3-year option to purchase by a large renewable energy company at a price exceeding the asking price.
    Request Owner's contact information
    2552 Newport Charter Township Of Charter Township of Berlin, MI 48166
    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.
    2552 Newport Charter Township Of
    Charter Township of Berlin, MI 48166
    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
    2552 Newport Charter Township Of Charter Township of Berlin, MI 48166
    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.