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    Newport South Rd Newport, MI 48166

    • Land
    • 52.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Newport South Rd

    Lot size
    52.00 lot acres
    Property type
    Land

    Description

    This exceptional 52-acre commercial land parcel presents a unique investment opportunity in Monroe County, Michigan. Located at 0 Newport South Road, Newport, MI 48166 (APN 07-011-002-00), the property is currently zoned agricultural, with a proposed rezoning for industrial or utility uses. Priced at $1,560,000 ($30,000/acre), this expansive site offers significant potential for various development projects. Water service is currently provided by Frenchtown Water to the portion of the property facing Newport South Road

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3203
    Latitude
    41.9788

    Comparable in this City

    • Value Estimation by Request

      3132 Charter Township Of

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      8200 Newport Rd

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      122.00 Acres

      Labo Rd

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      8196 Dixie Hwy

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      4,050 SF

      7050 Grafton Rd

      Medical offices • 4,050 SF
      7050 Grafton Rd, Newport, MI 48166
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    • Value Estimation by Request
      4,050 SF

      7050 Grafton Rd

      Medical offices • 4,050 SF
      7050 Grafton Rd, Newport, MI 48166
      View Details

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      107.00 Acres

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    Similar Nearby for Lease

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    Newport South Rd
    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
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