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Industrial Land with Utilities
For Sale
$191,000

Co Rd 403, Newberry, MI 49868

Commercial Sale, Newberry, MI

Property SizeContact for details
Lot Size47.70 Acres
Days on Market170

Property Features for Co Rd 403

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district Tahquamenon
Middle school district Tahquamenon
High school district Tahquamenon
Directions From M123/Victory Way, Head East on East Victory Way to 403, head South on 403 ~1 mile. Vacant land is on the left side of the road. https://maps.app.goo.gl/etGVH8D1drQv79yz7
Subdivision 42 - McMillan, Newberry and Soo Junction Areas
Standard status Active
APN attached
Lot size 47.70 Acres

Utilities

Heating system Natural Gas
Listing Agency: Cummings-McCraney
Listed By: Marissa Metcalf · License #6501430978
Added: Mar 27 Changed: Aug 31 Last Checked: Sep 12 at 4:06AM
MLS# 26-116

Copyright © 2026 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 47.7-acre industrial land tract occupies part of a 298-acre industrial park in Luce County. The property is raw, predominantly open, and includes some wooded area. Flat to gently sloping terrain and sandy soil characterize the site, while protective covenants provide an established framework for industrial development.

The parcel fronts a Class A road and has access to natural gas, water and sewer, electric service, and multiple fiber and telecommunications options. A railroad spur is identified as a potential future feature. The property is located in Newberry, Michigan, and additional lots are available for buyers seeking a smaller acreage configuration.

Key Highlights

  • 47.7‑acre industrial land parcel within a 298‑acre industrial park
  • Mostly open tract with some wooded area and flat to gently sloping terrain
  • Natural gas, water & sewer, electric, fiber, and telecommunications options available

Property Analytics

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Current Use

Industrial land

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 49868, MI

4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with available utilities and a mostly open, gently sloping setting.
Where is this industrial land located?
The property is located at Co Rd 403 Newberry, MI.
What is the asking price?
The asking price for this property is $191,000.
What are key features of this property?
This property features: 47.7‑acre industrial land parcel within a 298‑acre industrial park; Mostly open tract with some wooded area and flat to gently sloping terrain; Natural gas, water & sewer, electric, fiber, and telecommunications options available
More about this property
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