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Financial
Distress signals
Property profile

3118 Newport Rd Newport, MI 48166

FOR SALE
Commercial land
View Listing
Property ID
US43-0581482
2.71 ac lot
Last sale Oct 2017 · $15,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a vacant commercial land parcel totaling 2.71 acres, suited for build-to-suit development. The site is positioned near the I-75 and I-275 interchange, with access via Exit 21, and is located between the Downriver and Monroe areas. It is situated adjacent to retail and commercial uses, including a Burger King and a Marathon location, and is near the Meijer Distribution Center, with other nearby commercial businesses including Beaumont Family Group and Mary Sacco Pizza.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$24k
Effective rate4.39%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$45 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Law Firm11.1
Building Supply10.4

Location

3118 Newport Rd Newport, MI 48166
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Swan Crk, Newport, MI 48166 $250,000 May 2024 No data
St At Dewey, Newport, MI 48166 $172,000 Mar 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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