$595,000
$43K PRICE DROP

Estimated payment $4,185/month

Total Views 41,989
55 Acres
$10,818 Price per Acre
2,395,800 Sq Ft Lot

About This Lot

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

Listing Agent

Cole McNew

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501447424 Listed on: 07/29/2024

Coldwell Banker Haynes R.E. in Monroe

Co-Listing Agent

Tom Fritz

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501316758

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 55 Acre Lot
  • 400 Ft Wide Lot
  • Property is zoned Agricultural

Listing and Financial Details

  • Assessor Parcel Number 03 002 042 10, 03 002 042 00

Property Details

Property Type

Land

Est. Annual Taxes

$12,181

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 12181
  • Mail City: Newport
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 400
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Schools

  • School District: Jefferson Schools-Monroe Co

Lot Info

  • Assessor Parcel Number: 03 002 042 10, 03 002 042 00
  • Location: Main Street
  • Acreage: 55
  • Lot Description: Large Lot - 65+ Ft.
  • Zoning: Agricultural
  • Lot Size: 400 x 928 irr
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,272.00
  • Winter Tax: Year: 2023, Amount: $8,909.00
  • Total Tax: Amount: $12,181.00

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Price Changed $595,000 -0.7% --
08/15/2024 08/15/24 Price Changed $599,000 -6.1% --
07/29/2024 07/29/24 For Sale $638,000 -- --
Source: Michigan Multiple Listing Service

Source: Michigan Multiple Listing Service

MLS Number: 50150131

Michigan Multiple Listing Service