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0 N. Stoney Creek Road
Newport, MI 48162
Asking Price
$199K
Asset Type
Commercial Land
Class
Class B
What's Special
0 N. Stoney Creek Road, Newport, MI 48162 <ul><li>Perfectly positioned on N. Stoney Creek Road, the property offers a unique blend of semi-rural peace and immediate access to the bustling North Monroe commercial corridor (US-24).</li><li>The land is characterized by its clean, level topography, which significantly minimizes pre-construction site preparation costs and maximizes the usable footprint for future projects.</li><li>With approximately 10 acres and substantial road frontage, the site is exceptionally versatile. It serves as
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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479
