3118 Newport Rd, Newport, MI 48166-9303
This exceptional 2.71-acre commercial land parcel presents a prime opportunity for development in the thriving Charter Township of Berlin, Michigan. Strategically located at 3118 Newport Road, this property boasts unparalleled accessibility, situated minutes from both Downriver and Monroe, and conveniently positioned just off I-75 with easy on/off access at Exit 21, and near the 275 interchange. The site benefits from high visibility and strong surrounding businesses, including a Beaumont Family Group facility, Mary Sacco Pizza, and a busy Burger King/Marathon gas station. Its proximity to a major Meijer distribution center further enhances its desirability. The land is currently vacant and offers a blank canvas for build-to-suit projects, catering to a wide range of commercial ventures. This location provides excellent exposure to a significant volume of traffic, making it ideal for businesses seeking high visibility and convenient access for customers and employees. The property's size and location make it an attractive investment opportunity for developers seeking to capitalize on the area's growth potential. Additional acreage is available for sale next door, providing potential for expansion or consolidation. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.