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- LoopNet Team
2552 Newport Rd
Newport, MI 48166
Land For Sale
·
10.00 AC
Property Facts
| Property Type | Land | Total Lot Size | 10.00 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Zoning | AG - Agricultural | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 10.00 AC |
| No. Stories | 2 |
| Zoning | AG - Agricultural |
Description
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.
Property Taxes
| Parcel Number | 03-002-042-10 | Improvements Assessment | $0 |
| Land Assessment | $63,200 | Total Assessment | $63,200 |
Property Taxes
