For Sale
$4,000,000

800 Newport Rd Carleton, MI 48166

36.35 Acres, Monroe County, MI

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 36.35-acre agricultural property in Carleton, Monroe County, Michigan, presents a unique investment opportunity. Located at 800 E. Newport Road, the land boasts 500 feet of frontage along Telegraph Road, offering potential for future commercial development, subject to zoning changes. Currently zoned AGRICULTURAL (APN: 07-003-032-00), the property is ideally situated directly north of Ford Motor Company's substantial new distribution center. The asking price is $4,000,000, translating to $75,000 per acre. The site is prepped for trailer parking or laydown area, with a potential monthly lease rate of $4,500 per acre for this use. Its strategic location provides easy access to major expressways, I-275 and I-75, enhancing its logistical appeal. While the current zoning is agricultural, the Telegraph Road frontage presents a compelling case for potential rezoning to accommodate commercial development. This property offers significant upside potential for investors seeking land with diverse development possibilities in a rapidly growing area. The zip code is 48166. The latitude and longitude coordinates are 42.0072516 and -83.3644847 respectively.

Highlights

  • 36.35-acre parcel available for sale or lease.
  • 500 feet of Telegraph Road frontage, ideal for retail development.
  • Zoned Industrial.
  • Adjacent to Ford Motor Company's new 1,000,000-square-foot distribution center.
  • Ready for trailer parking or laydown; $4,500/acre monthly lease available.
  • Potential for commercial zoning along Telegraph Road.

Property Details for 800 Newport Rd

Property type
Land, Farms
Lot Size (sq. ft)
1,583,406 SF

Location Insight

City
Carleton
County
Monroe
State
Michigan
Latitude
42.0072516
Longitude
-83.3644847

FAQs

What type of property is this?
Land - 36.35 Acres, Monroe County, MI
Where is the land located?
The property is located at 800 Newport Rd Carleton, MI.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 36.35-acre parcel available for sale or lease.; 500 feet of Telegraph Road frontage, ideal for retail development.; Zoned Industrial.
How can I contact the broker?
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800 Newport Rd
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