An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Berlin Twp
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Haynes R.E. in Monroe
Office Phone: (734) 242-8484
Listing Agent: Cole McNew, Tom Fritz
Lot Features
Lot Information:
Lot Size: 55.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $599,000
Tax Information:
Annual Amount: $526
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport, MI.
This property is $301.5K more than the Median Sold Price in Newport, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Southeastern Border Association of REALTORS
MLS Number: #57050150131
Listing Office:
Office Name: Coldwell Banker Haynes R.E. in Monroe
Office Phone: (734) 242-8484
Listing Agent: Cole McNew, Tom Fritz
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Henry Niedermeier Elementary School
8400 Newport South Rd
Distance between this listing and this school1.20 miles
Public District Grades PK-4
4
/10
North Elementary School
8281 N Dixie Hwy
Distance between this listing and this school2.73 miles
Public District Grades 2-4
6
/10
Joseph C Sterling Elementary School
160 Fessner Rd
Distance between this listing and this school3.37 miles
Public Magnet Grades PK-4
Nearby Schools
2
/10
Wagar 56 Middle School
11200 Grafton Rd
Distance between this listing and this school3.27 miles
Public District Grades 5-6
4
/10
Wagar 78 Middle School
11200 Grafton Rd
Distance between this listing and this school3.27 miles
Public District Grades 7-8
4
/10
Jefferson Middle School
5102 N Stony Creek Rd
Distance between this listing and this school3.84 miles
Public District Grades 5-8
Nearby Schools
10
/10
Airport Middle College
11330 Grafton Rd
Distance between this listing and this school3.25 miles
Public District Grades 9-12
2
/10
Airport Center for Education
11330 Grafton Rd
Distance between this listing and this school3.25 miles
Public District Grades KG-12
6
/10
Airport Senior High School
11330 Grafton Rd
Distance between this listing and this school3.25 miles
The neighbors living near this home have an average income of $54,464. Typical income of Newport, MI residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2552 Newport Rd
What is the listing price of this property?
The listing price of 2552 Newport Rd property is $599,000.
What type of property is this?
The property 2552 Newport Rd is land located in Newport, Michigan, 48166.
Is this property for sale now?
Active Listing: 2552 Newport Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $526 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 15, 2009 for $65,000. (source: MLS/tax record).
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This home is located at 2552 Newport Rd in Newport, MI and zip code 48166. This home sits on a 55.00 acre lot. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $599,000.
While more than 1 listings in Newport, MI in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. Between October 2024 and November 2024, Newport, MI real estate market has seen increase in the number of listings by 10.5%. In November 2024 median list price was $297,450 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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