2552 Newport Charter Township Of, Charter Township of Berlin, MI 48166
This exceptional 0-unit vacant land parcel in the Charter Township of Berlin, Monroe County, Michigan, presents a compelling investment opportunity. Located at 2552 Newport, 48166 (42.005934, -83.329611), this property is currently listed at $599,000. A significant advantage is a secured option to purchase this land within three years by a large company for renewable energy production at a price exceeding the current asking price. This provides investors with a defined timeframe and a clear path to substantial returns, regardless of whether the option is exercised. The property's prime location also makes it highly suitable for residential development, offering a secondary, lucrative potential use. This dual-purpose potential significantly mitigates risk and enhances the long-term value proposition. The property's strategic location and the existing option agreement combine to create a unique investment opportunity with both short-term and long-term growth potential. This is an ideal asset for investors seeking a blend of immediate return and future upside. The three-year timeline allows for strategic planning and decision-making, minimizing uncertainty and maximizing potential profits.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.