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
General Information
Sale Price: $595,000
Price/SqFt:
Status: Active
MLS#: 57050150131
City: newport
Post Office: newport
Schools: jefferson schools-monroe co
County: Monroe
Acres: 55
Lot Dimensions: 400 x 928 irr
Size:
Acreage: 55 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $3,272 Est. Winter Taxes: $8,909
Legal Description: 1429-748 856-789 986-699 1009-482 SEC 2 T6S R9E 45.55 A BEG AT THE N 1/4 COR OFF SEC 2 T6S R9 E TH S 0 DEG 28' 39" E 927.99 FT TH N 89 DEG 40' 47" E 656.09 FT TH S 0 DEG 16' 37" E 1710.94 FT TO E & W 1/4 LI TH S 89 DEG 40' 03" W 650.10 FT TO CEN OF SEC 2 TH N 89 DEG 39' 41" W 326.59 FT TH N 00 DEG 28' 39" W 2637.15 FT TO N LI OF SEC 2 TH DUE E ALG N LI SD LI BEING CEN LI OF NEWPORT RD 326.58 FT TO POB Berlin Twp
