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    Labo Rd Carleton, MI 48166

    Sponsored
    For Sale
    $1,250,000

    122 Acres, Master Planned, $1.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 122-acre commercial land parcel presents a unique investment opportunity in Monroe County, Michigan. Strategically located at the intersection of Telegraph Road and E. Labo Road in Newport (zip code 48166), this mostly cleared and flat site is ideal for large-scale commercial development. The property boasts 10 acres of frontage on Telegraph Road and 112 acres on E. Labo Road. Currently zoned AG, the property offers significant potential for various commercial uses, subject to necessary approvals. Utilities are reportedly available at Telegraph Road

    Property Features for 0 Labo Rd

    General Information

    Property type
    Land
    Lot Size
    5,314,320 SF

    HighLights

    • 122‑acre parcel.
    • 10 acres of master‑planned commercial land on Telegraph Road.
    • 112 acres of AG‑zoned land on E. Labo Road.
    • Mostly cleared and level site.
    • Entire site offered; no partial sales.
    • Utilities available on Telegraph Road (buyer verification required).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carleton
    County
    Monroe
    State
    Michigan
    Longitude
    -83.341739077359
    Latitude
    42.021938425085

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    FAQs

    What type of property is this?
    Land - 122 Acres, Master Planned, $1.25M
    Where is this land located?
    The property is located at Labo Rd Carleton, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 122-acre parcel.; 10 acres of master-planned commercial land on Telegraph Road.; 112 acres of AG-zoned land on E. Labo Road.
    (248) 226-1814
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    Labo Rd Carleton, 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
    Labo Rd Carleton, MI 48166
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