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    800 Newport Rd Carleton, MI 48117

    Sponsored
    For Lease
    Contact for pricing

    Prime Commercial Land for Lease in Carleton, MI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 36.35-acre parcel of land presents a unique opportunity for commercial development in the thriving community of Carleton, Michigan. Located at 800 W Newport Rd, this single-tenant property is zoned for commercial use, offering significant potential for a wide range of businesses. The expansive acreage provides ample space for construction of a large-scale facility or the development of a multi-building complex. Its strategic location in Monroe County, with easy access via W Newport Rd, ensures high visibility and convenient access for customers and employees. The property's flat terrain simplifies site preparation and construction, minimizing potential development challenges. Utilities are available, making this site ready for immediate development. This is an ideal location for businesses seeking a prominent presence in a growing market. The property's size and zoning provide flexibility for a variety of commercial ventures, from retail and industrial to office and warehousing. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is located in the 48117 zip code and is ready for immediate development. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location. The property's size and zoning offer considerable flexibility for a variety of commercial uses. Don't miss this chance to secure a prime location for your business.

    Property Features for 800 Newport Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 36.35‑acre parcel available for sale or lease.
    • 500 feet of frontage along Telegraph Road, ideal for retail development.
    • Located directly north of Ford Motor Company's 1,000,000‑square‑foot distribution center.
    • Ready for trailer parking or laydown; lease available at $4,500/acre monthly.
    • Currently zoned industrial; potential for commercial zoning along Telegraph Road; easy I‑275 & I‑75 access.
    • Sale price: $2,437,000; pricing varies by use ($75,000/acre for cleared industrial, $45,000/acre for industrial, $125,000/acre for retail).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Auto Repair Shop Gym & Fitness Grocery Store Food Market Convenience Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Carleton
    County
    Monroe
    State
    Michigan
    Longitude
    -83.386915
    Latitude
    42.0069801

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    Nearby Similar for Lease

    • $12 SF/Yr
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      Versatile Industrial Property on Telegraph Road

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land for Lease in Carleton, MI
    Where is this land located?
    The property is located at 800 Newport Rd Carleton, MI.
    What are key features of this property?
    This property features: 36.35-acre parcel available for sale or lease.; 500 feet of frontage along Telegraph Road, ideal for retail development.; Located directly north of Ford Motor Company's 1,000,000-square-foot distribution center.
    Request Owner's contact information
    800 Newport Rd Carleton, MI 48117
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    800 Newport Rd
    Carleton, MI 48117
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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
    800 Newport Rd Carleton, MI 48117
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