Property summary
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
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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