000 26 Mile Road Ray, MI ^$ 1,950,000

000 26 Mile Road

^$ 1,950,000

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000 26 Mile Road

Ray, MI, 48096

^$ 1,950,000

Studio Baths0.0

Monthly Estimate*

^$ 12,960

000 26 Mile Road, Ray, MI 48096 - Image 1

000 26 Mile Road, Ray, MI 48096 - Image 2

000 26 Mile Road, Ray, MI 48096 - Image 3

Studio

Lots and Land for sale in Ray, MI

for $1,950,000. The lot size is 29.85.

GREAT Land Development perfect for a Builder who is looking to Develop & Build Homes that are Districted Utica Schools!! INVESTMENT OPPORTUNITY, 29.85 ACRES, APPROX. 341' OF FRONTAGE, ZONED B2 AND RM. 4 Splits available, NEAR KROGER, CHASE, AND JETS PIZZA, IDEAL DEVELOPMENT PARCEL ON 26 MILE, PROXIMITY TO 26 MILE, PARCEL A ON SURVEY. Homes in Villagio sub across the street are starting in the low $600's!! Property is zoned Commercial in the front and multifamily in the back . The zoning was done so it can be changed to support a sale. Ray Twp has the lowest taxes and will be the hottest place to build!! Great Schools & Low Taxes will a high average household income!! Seller is motivated and will consider LC Terms for the right offer.

Lots and Land Active

Price

^$ 1,950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 10,000

Style

Vacant Land

Lot Size

29.85

Town/City

Ray

County/Region

Macomb

MLS | Web ID

40091618

Features

General

Possession At Close

Water Other-See Remarks

Status Active Active

Style Vacant Land

County Macomb

Class VACANT LAND

Type Vacant Land

Percent Ownership Private

Municipality Ray Twp

Zoning Commercial Residential

Area Ray Twp (50005)

Directions North of 26 Mile West of Romeo Plank

City Ray

School District Utica Community Schools

Street Name 26 Mile

Financial Terms Cash Conventional

Legal Description ON FILE

DOM 1388

Price Per Sq Ft Total 65326.63

Coming Soon GREAT Land Development perfect for a Builder who is looking to Develop & Build Homes that are Districted Utica Schools!! INVESTMENT OPPORTUNITY 29.85 ACRES APPROX. 341' OF FRONTAGE

Exterior

Frontage 341

Lot Size Area 29.85

Lot Dimensions 341X2436X568X2049

Lot Description Splits Available

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Kim Pizzo Smigielski

Listing Agent

Nexus Real Estate Llc

Broker

kim@nexusrealestate.net

Affordability Calculator

$13,794

Per Month

Monthly Principal & Interest: $12,960
Monthly Property Taxes: $833
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Ray, MI

Average List Price ^$434,508

Percent of Sale Price 78%

About Ray, MI

3,875 Population

4% Since 2002

^$69,467 Median Income

48.29 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759666 Elementary School

759828 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$1,950,000	-7.14%	Price Down
7/22/2022	$2,100,000	-19.23%	Price Down
7/20/2021	$2,600,000	-3.70%	Price Down
8/17/2020	$2,700,000		Listed Price

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000 26 Mile Road, Ray, MI, 48096 is a Lots and Land for sale at $1,950,000 with a lot size of 29.85. 000 26 Mile Road is a studio with 0.0 baths. The property's zip code is 48096 which is in Ray, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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000 26 Mile Road

Lots and Land for sale in Ray, MI

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